Total deliveries from the Volvo Group’s truck operations in November 2012 amounted to 19,104 vehicles. This was a decrease of 15% compared with the year -earlier month. Volvo Group Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD and Eicher): Delivered Units November Change Year-to-date Change Volvo Group 2012 2011 2012 2011 Europe 7 406 8 552 -13% 76 735 86 076 -11% Western Europe 5 697 6 693 -15% 58 214 68 737 -15% Eastern Europe 1 709 1 859 -8% 18 521 17 339 7% North America 3 510 4 839 -27% 44 142 37 824 17% South America 2 252 2 545 -12% 21 500 26 355 -18% Asia 4 357 5 153 -15% 46 537 50 071 -7% Other markets 1 579 1 351 17% 15 834 13 904 14% Total Volvo Group 19 104 22 440 -15% 204 748 214 230 -4% Light duty (< 7t) 1 519 1 801 -16% 16 751 22 022 -24% Medium duty (7-16t) 2 634 3 120 -16% 30 245 31 159 -3% Heavy duty (>16t) 14 952 17 520 -15% 157 753 161 050 -2% Total Volvo Group 19 104 22 440 -15% 204 748 214 230 -4% Volvo Deliveries of Volvo branded trucks in November decreased by 17% to 9,446 vehicles compared with the same month last year. In Europe, deliveries decreased by 13% to 3,835 trucks in total compared to November last year. The current slowdown in economic activity and uncertainty about the future business climate in the region is clearly having a negative impact on demand for trucks. Production of Volvo trucks in Europe has been lowered by removing shifts and using stop days for the remainder of the year to meet the lower demand. November deliveries in Asia amounted to 1,132 units in total, a decrease of 19% compared to the same month last year. November deliveries in North America decreased 24% to 2,243 vehicles in comparison with the same period last year. Concerns about the economy continued to affect the market, and a combination of stop days and rate reduction is being implemented to align production with demand. Deliveries for South America decreased 21% in November compared with the same month last year. The decrease was primarily driven by lagging effects of the sluggish economy, but government stimulus efforts in Brazil are having an impact, and demand continues to improve. Deliveries by market area: Delivered Units November Change Year-to-date Change Volvo 2012 2011 2012 2011 Europe 3 835 4 418 -13% 39 103 41 694 -6% Western Europe 2 530 3 059 -17% 25 235 29 063 -13% Eastern Europe 1 305 1 359 -4% 13 868 12 631 10% North America 2 243 2 959 -24% 23 884 22 539 6% South America 1 712 2 159 -21% 17 571 22 595 -22% Asia 1 132 1 406 -19% 10 116 12 398 -18% Other markets 524 407 29% 5 416 4 238 28% Total Volvo 9 446 11 349 -17% 96 090 103 464 -7% Medium duty (7-16t) 137 217 -37% 1 576 1 738 -9% Heavy duty (>16t) 9 309 11 132 -16% 94 514 101 726 -7% Total Volvo 9 446 11 349 -17% 96 090 103 464 -7% Mack Deliveries for Mack in November totaled 1,712 vehicles, a 24% decrease compared with November 2011. North American delivery volumes were impacted by fewer production days, and ongoing market concerns about the potential for a “fiscal cliff.” Deliveries by market area: Delivered Units November Change Year-to-date Change Mack 2012 2011 2012 2011 Europe 1 52 -98% 45 99 -55% Western Europe Eastern Europe 1 52 -98% 45 99 -55% North America 1 243 1 774 -30% 19 697 14 092 40% South America 387 315 23% 2 669 2 654 1% Asia 30 7 329% Other markets 81 113 -28% 1 029 1 000 3% Total Mack 1 712 2 254 -24% 23 470 17 852 31% Heavy duty (>16t) 1 712 2 254 -24% 23 470 17 852 31% Total Mack 1 712 2 254 -24% 23 470 17 852 31% Renault Trucks In November, 4,609 Renault branded trucks were delivered, a decrease of 11% compared to the year-earlier month. The current slowdown in economic activity and uncertainty about the future business climate in Europe is clearly having a negative impact on demand for trucks. The weakening market conditions in Southern Europe and France continues. As a consequence, the production of Renault trucks in Europe has been adjusted downwards to meet the lower demand and, in addition, as from November 22 short -term weeks have been introduced in plants producing Renault trucks. Deliveries by market area: Delivered Units November Change Year-to-date Change Renault Trucks 2012 2011 2012 2011 Europe 3 570 4 082 -13% 37 587 44 283 -15% Western Europe 3 167 3 634 -13% 32 979 39 674 -17% Eastern Europe 403 448 -10% 4 608 4 609 0% North America 21 43 -51% 129 164 -21% South America 153 61 151% 1 127 855 32% Asia 357 527 -32% 3 551 4 247 -16% Other markets 508 444 14% 5 112 4 067 26% Total Renault Trucks 4 609 5 157 -11% 47 506 53 616 -11% Light duty (< 7t) 1 142 1 482 -23% 12 741 17 071 -25% Medium duty (7-16t) 621 802 -23% 6 682 7 194 -7% Heavy duty (>16t) 2 846 2 873 -1% 28 083 29 351 -4% Total Renault Trucks 4 609 5 157 -11% 47 506 53 616 -11% UD Deliveries from UD Trucks in November totaled 1,777 units, a decline of 19%. The decline is mainly a consequence of a 21% weakening in the Japanese market after the incentives to buy new trucks were ended in July. However, Other markets improved by 20% mainly due to increased demand for construction trucks in South Africa. Deliveries by market area: Delivered Units November Change Year-to-date Change UD 2012 2011 2012 2011 North America 3 63 -95% 432 1 029 -58% South America 10 -100% 133 251 -47% Asia 1 308 1 730 -24% 15 080 14 977 1% Other markets 466 387 20% 4 277 4 599 -7% Total UD 1 777 2 190 -19% 19 922 20 856 -4% Light duty (< 7t) 187 147 27% 1 865 2 521 -26% Medium duty (7-16t) 782 1 068 -27% 10 010 9 757 3% Heavy duty (>16t) 808 975 -17% 8 047 8 578 -6% Total UD 1 777 2 190 -19% 19 922 20 856 -4% Eicher Deliveries of Eicher branded trucks in November increased by 5% to 1,560 trucks compared to the same month last year. Deliveries by market area: Delivered Units November Change Year-to-date Change Eicher 2012 2011 2012 2011 Asia 1 560 1 491 5% 17 760 18 443 -4% Total Eicher 1 560 1 491 5% 17 760 18 443 -4% Light duty (< 7t) 190 172 10% 2 145 2 430 -12% Medium duty (7-16t) 1 094 1 033 6% 11 977 12 470 -4% Heavy duty (>16t) 277 286 -3% 3 639 3 544 3% Total Eicher 1 560 1 491 5% 17 760 18 443 -4% Volvo Group represents 50% of the total production volume for Eicher. December 19, 2012 Reporters who would like more information, please contact: Media Relations Volvo Group: Kina Wileke, +46 739-02 55 44 Truck brands: Renault Trucks, Charlotte Roudovski, +33 4 72 96 29 76 Mack, Kim Pupillo, +1 336 393 2640 Volvo, Anders Vilhelmsson, +46 31 322 38 79 UD, Per Sundström, +81 80 40 64 92 33 Investor Relations: Christer Johansson, AB Volvo, +46 739 02 25 22 Patrik Stenberg, AB Volvo, +46 31 66 13 36 John Hartwell, Volvo Group North America, +1 201-252-8844 For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews. AB Volvo (publ) may be required to disclose the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.The information was submitted for publication at 08:30 a.m. in December 19, 2012. The Volvo Group is one of the world’s leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 115,000 people, has production facilities in 20 countries and sells their products in more than 190 markets. In 2011 annual sales of the Volvo Group amounted to about SEK 310 billion. The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone
Truck deliveries in November 2012
| Source: Volvo, AB
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