Total deliveries from the Volvo Group’s truck operations in April amounted to 18 497 vehicles. This was a decrease of 4% compared with the year-earlier period. Volvo Group Total deliveries by market for all brands (Volvo, Mack, Renault, UD and Eicher): Delivered Units April Change Year-to-date Change Volvo Group 2012 2011 2012 2011 Europe 6 776 8 723 -22% 26 772 31 783 -16% Western Europe 5 099 7 018 -27% 21 030 26 049 -19% Eastern Europe 1 677 1 705 -2% 5 742 5 734 0% North America 4 712 3 388 39% 17 560 12 209 44% South America 1 630 2 317 -30% 6 767 8 429 -20% Asia 4 066 3 727 9% 17 947 17 456 3% Other markets 1 313 1 211 8% 5 563 4 557 22% Total Volvo Group 18 497 19 366 -4% 74 609 74 434 0% Light duty (< 7t) 1 431 2 000 -28% 6 388 8 399 -24% Medium duty (7-16t) 2 659 2 600 2% 11 945 10 642 12% Heavy duty (>16t) 14 408 14 766 -2% 56 276 55 394 2% Total Volvo Group 18 497 19 366 -4% 74 609 74 434 0% Volvo Deliveries of Volvo branded trucks in April decreased by 11 % to 8,448 vehicles compared to the same period last year. The deliveries in Western Europe declined by 23% while deliveries to Eastern Europe were stable. Production in Europe will be moderately increased during the third quarter to adapt to current demand and keep delivery times in line with customer expectations. Deliveries in North America increased 26 percent to 2,431 in comparison with the same period last year. Overall industry demand continues at a good level due in large part to the age of the region’s trucking fleet. The fuel efficiency and performance of vehicles equipped with Volvo’s proprietary engines and popular I -Shift transmission continue to win over customers. April deliveries in Latin America decreased 38 percent to 1,209 trucks compared with 1,938 trucks in April 2011. The transition from Euro III to Euro V and high competitor inventories of Euro III units continued to negatively impact demand. Customers have also been awaiting the Brazilian government’s recently announced financial stimulus package. Deliveries by market area: Delivered Units April Change Year-to-date Change Volvo 2012 2011 2012 2011 Europe 3 509 4 175 -16% 13 499 15 259 -12% Western Europe 2 197 2 869 -23% 9 154 11 092 -17% Eastern Europe 1 312 1 306 0% 4 345 4 167 4% North America 2 431 1 935 26% 8 929 6 660 34% South America 1 209 1 938 -38% 5 674 7 377 -23% Asia 829 1 079 -23% 3 472 4 241 -18% Other markets 470 336 40% 1 888 1 228 54% Total Volvo 8 448 9 463 -11% 33 462 34 765 -4% Medium duty (7-16t) 148 151 -2% 566 598 -5% Heavy duty (>16t) 8 300 9 312 -11% 32 896 34 167 -4% Total Volvo 8 448 9 463 -11% 33 462 34 765 -4% Mack April deliveries for Mack branded trucks totaled 2,582 vehicles, a 61% increase compared to April 2011. The vocational truck market remains weak, and plummeting natural gas prices have begun to reduce some of the energy-related activity that had benefitted Mack in recent months. However, the highway market and particularly the regional haul segment continued to grow, and Mack continued to increase its volume in this segment thanks in large part to the performance of the mDRIVE automated manual transmission. Deliveries by market area: Delivered Units April Change Year-to-date Change Mack 2012 2011 2012 2011 North America 2 238 1 282 75% 8 380 5 101 64% South America 270 254 6% 708 730 -3% Asia 2 NA 4 #DIV/0! Other markets 72 72 412 276 49% Total Mack 2 582 1 608 61% 9 504 6 107 56% Heavy duty (>16t) 2 582 1 608 61% 9 504 6 107 56% Total Mack 2 582 1 608 61% 9 504 6 107 56% Renault In April, 4,092 Renault branded trucks were delivered, a decline by 27% compared to the corresponding period last year. In Western Europe, deliveries were down by 30% while Eastern Europe held up better, posting a decline of 9%. As previously announced production in Europe will be moderately increased during the second quarter to adapt to current demand and keep delivery times in line with customer expectations. Deliveries by market area: Delivered Units April Change Year-to-date Change Renault 2012 2011 2012 2011 Europe 3 267 4 548 -28% 13 273 16 524 -20% Western Europe 2 902 4 149 -30% 11 876 14 957 -21% Eastern Europe 365 399 -9% 1 397 1 567 -11% North America 5 15 -67% 37 30 23% South America 128 105 22% 335 261 28% Asia 326 561 -42% 1 143 1 683 -32% Other markets 366 374 -2% 1 598 1 478 8% Total Renault 4 092 5 603 -27% 16 386 19 976 -18% Light duty (< 7t) 1 127 1 689 -33% 4 864 6 117 -20% Medium duty (7-16t) 537 832 -35% 2 345 2 654 -12% Heavy duty (>16t) 2 428 3 082 -21% 9 177 11 205 -18% Total Renault 4 092 5 603 -27% 16 386 19 976 -18% UD Deliveries of UD branded trucks in April totaled 1,753 units an increase by 48% In Asia, deliveries totalled 1,287 units, an increase by 123%. In Japan, the number of deliveries including light-duty totalled 688 units, an increase by 132% compared with the year-earlier period. Deliveries in April 2011 were negatively affected by the disruption of parts supply caused by the earthquake disaster in Japan last year. In South East Asia, deliveries totalled 435 units, an increase by 103%. In Indonesia, deliveries totalled 333 units, an increase by 143%. Deliveries by market area: Delivered Units April Change Year-to-date Change UD 2012 2011 2012 2011 North America 38 156 -76% 214 418 -49% South America 23 20 15% 50 61 -18% Asia 1 287 577 123% 5 729 4 454 29% Other markets 405 429 -6% 1 665 1 575 6% Total UD 1 753 1 182 48% 7 658 6 508 18% Light duty (< 7t) 130 89 46% 593 1 309 -55% Medium duty (7-16t) 921 634 45% 3 951 2 669 48% Heavy duty (>16t) 702 459 53% 3 114 2 530 23% Total UD 1 753 1 182 48% 7 658 6 508 18% Eicher Deliveries of Eicher branded trucks in April increased by 7% to 1,623 trucks compared to the same period last year. Deliveries by market area: Delivered Units April Change Year-to-date Change Eicher 2012 2011 2012 2011 Asia 1 623 1 510 7% 7 600 7 079 7% Total Eicher 1 623 1 510 7% 7 600 7 079 7% Light duty (< 7t) 174 222 -22% 931 973 -4% Medium duty (7-16t) 1 053 983 7% 5 083 4 721 8% Heavy duty (>16t) 396 305 30% 1 586 1 385 14% Total Eicher 1 623 1 510 7% 7 600 7 079 7% Volvo Group represents 50% of the total production volume for Eicher. May 16, 2012 Reporters who would like more information, please contact: Media Relations Volvo Group: Mårten Wikforss, +46 705 59 11 49 Truck Brand: Renault, Bernard Lancelot, +33 (0)4 72 96 58 89 Mack, John Mies, +1 336 39 34 300 Volvo, Lennart Pilskog, +46 31 66 49 26 UD, Hiroshi Nakamura, +81 48 72 67 601 Investor Relations: Christer Johansson, AB Volvo, +46 31 66 13 34 Anders Christensson, AB Volvo, tel +46 31 66 11 91 John Hartwell, Volvo Group North America, tel +1 212 418 7432 For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews. Visit http://www.thenewsmarket.com/volvogroup to access broadcast-standard video from Volvo Group. You can preview and request video, and choose to receive as a MPEG2 file or by Beta SP tape. Registration and video is free to the media. 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 May 16, 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 and aerospace components. 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 April 2012
| Source: Volvo, AB
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