Truck deliveries in October 2014

Deliveries from the Volvo Group’s truck operations in October 2014 amounted to 22,244 vehicles. This was a decrease of 5% compared with the year-earlier month.

Volvo Group

Deliveries from the Volvo Group’s truck operations in October 2014 amounted to 22,244 vehicles. This was a decrease of 5% compared with the year-earlier month. On a regional basis October deliveries declined by 14% in South America, primarily due to lower deliveries in Brazil. Deliveries in Europe declined by 22%, mainly as a result of high deliveries in 2013 during the pre-buy ahead of the EU6 emission legislation and lower deliveries in France due to general slow economic development in 2014. Deliveries in North America increased by 21% in October.

Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD Trucks and Eicher):

Delivered Units October Change Year-to date Change
Volvo Group 2014 2013 2014 2013
Europe 7,536 9,655 -22% 59,189 62,821 -6%
   Western Europe 6,077 7,494 -19% 46,291 49,036 -6%
   Eastern Europe 1,459 2,161 -32% 12,898 13,785 -6%
North America 5,891 4,857 21% 47,847 36,839 30%
South America 1,868 2,167 -14% 19,432 23,814 -18%
Asia 2,911 2,847 2% 26,372 23,054 14%
Other markets 1,545 1,371 13% 13,918 13,030 7%
Total Volvo Group 19,751 20,897 -5% 166,758 159,558 5%
Light duty (< 7t) 1,492 1,448 3% 11,969 10,717 12%
Medium duty (7-16t) 1,485 1,567 -5% 12,338 13,497 -9%
Heavy duty (>16t) 16,774 17,882 -6% 142,451 135,344 5%
Total Volvo Group 19,751 20,897 -5% 166,758 159,558 5%
Non-consolidated operations
Eicher (100%) 2,486 2,614 -5% 25,257 27,250 -7%
DVT (100%) 7 4 75% 65 185 -65%
Total Volumes 22,244 23,515 -5% 192,080 186,993 3%

Volvo

In October 11,460 Volvo trucks were delivered, a decrease of 5% compared with the same month last year.

In Europe 4,377 vehicles were delivered during October, down by 21% compared with October 2013. The decline was mainly a result of high deliveries in 2013 during the pre-buy ahead of the EU6 emission legislation.

Demand in North America continued to be good and deliveries increased by 23% to 3,544 vehicles in comparison with the same period last year.

Deliveries in South America decreased to 1,783 trucks in October, a decrease of 7% compared with October 2013.

Deliveries by market area:

Delivered Units October Change Year-to-date Change
Volvo 2014 2013   2014 2013
Europe 4,377 5,552 -21% 34,632 35,181 -2%
   Western Europe 3,192 3,764 -15% 24,305 23,717 2%
   Eastern Europe 1,185 1,788 -34% 10,327 11,464 -10%
North America 3,544 2,880 23% 28,202 20,966 35%
South America 1,783 1,921 -7% 18,004 21,277 -15%
Asia 1,312 1,335 -2% 10,365 9,792 6%
Other markets 444 436 2% 4,884 4,474 9%
Total Volvo 11,460 12,124 -5% 96,087 91,690 5%
Medium duty (7-16t) 151 220 -31% 1,637 1,385 18%
Heavy duty (>16t) 11,309 11,904 -5% 94,450 90,305 5%
Total Volvo 11,460 12,124 -5% 96,087 91,690 5%

 Mack

Deliveries for Mack in October totaled 2,421 vehicles, a 11% increase compared with October 2013.

Deliveries by market area:

Delivered Units October Change Year-to-date Change
Mack 2014 2013 2014 2013
Europe 1 -100%
   Western Europe 1 -100%
   Eastern Europe
North America 2,290 1,931 19% 19,426 15,479 25%
South America 41 163 -75% 592 1,686 -65%
Asia 9 14 -36%
Other markets 90 84 7% 871 793 10%
Total Mack 2,421 2,178 11% 20,898 17,973 16%
Heavy duty (>16t) 2,421 2,178 11% 20,898 17,973 16%
Total Mack 2,421 2,178 11% 20,898 17,973 16%

 Renault Trucks

In October 3,917 trucks were delivered by Renault Trucks. The deliveries of heavy duty trucks declined by 30% to 2,014 trucks in October compared with the year-earlier month. The decline was mainly a result of high deliveries in 2013 during the pre-buy ahead of the EU6 emission legislation and lower deliveries in France due to general slow economic development. Deliveries of light duty trucks increased to 1,360 trucks, up by 5%.

Deliveries by market area:

Delivered Units October Change Year-to-date Change
Renault Trucks 2014 2013   2014 2013
Europe 3,159 4,103 -23% 24,557 27,639 -11%
   Western Europe 2,885 3,730 -23% 21,986 25,318 -13%
   Eastern Europe 274 373 -27% 2,571 2,321 11%
North America 31 34 -9% 134 158 -15%
South America 30 80 -63% 554 713 -22%
Asia 183 154 19% 2,646 1,705 55%
Other markets 514 426 21% 3,981 4,021 -1%
Total Renault Trucks 3,917 4,797 -18% 31,872 34,236 -7%
Light duty (< 7t) 1,360 1,297 5% 10,665 9,497 12%
Medium duty (7-16t) 543 611 -11% 3,468 5,462 -37%
Heavy duty (>16t) 2,014 2,889 -30% 17,739 19,277 -8%
Total Renault Trucks 3,917 4,797 -18% 31,872 34,236 -7%

 UD Trucks

In October 2014, UD Trucks delivered 1,958 trucks, which was an increase by 9% compared to October last year.

Deliveries by market area:

Delivered Units October Change Year-to-date Change
UD Trucks 2014 2013 2014 2013
North America 26 12 117% 85 236 -64%
South America 14 3 367% 282 138 104%
Asia 1,414 1,358 4% 13,348 11,543 16%
Other markets 497 425 17% 4,182 3,742 12%
Total UD Trucks 1,951 1,798 9% 17,897 15,659 14%
Light duty (< 7t) 132 151 -13% 1,304 1,220 7%
Medium duty (7-16t) 791 736 7% 7,233 6,650 9%
Heavy duty (>16t) 1,028 911 13% 9,360 7,789 20%
Total UD 1,951 1,798 9% 17,897 15,659 14%
Non-consolidated operations
DVT (100%) 7 4 75% 65 185 -65%
Total volumes 1,958 1,802 9% 17,962 15,844 13%

 Eicher*

Eicher delivered 2,486 trucks in October which is a decrease by 5% compared to the amount of trucks delivered in October 2013.

Deliveries by market area:

Delivered Units October Change Year-to-date Change
Eicher (100%) 2014 2013 2014 2013
Asia 2,486 2,614 -5% 25,257 27,250 -7%
Total Eicher 2,486 2,614 -5% 25,257 27,250 -7%
Light duty (< 7t) 316 437 -28% 4,046 3,798 7%
Medium duty (7-16t) 1,567 1,718 -9% 14,891 17,451 -15%
Heavy duty (>16t) 603 459 31% 6,320 6,001 5%
Total Eicher 2,486 2,614 -5% 25,257 27,250 -7%

*As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group.

November 19, 2014

Reporters, who would like more information, please contact:

Volvo Group Media Relations:
Kina Wileke, +46 31 323 72 29

Truck brands:
Renault Trucks, Fabrice Piombo, +33 472961220
Mack, Kim Pupillo, +1 336 393 2640
Volvo, Anders Vilhelmsson, +46 31 322 38 79
UD Trucks, Mansoor Ahmed, +86 10 65829122

Investor Relations:
Christer Johansson, AB Volvo +46 31 661334
Patrik Stenberg, AB Volvo +46 31 661336
Anders Christensson, AB Volvo +46 31 661191
John Hartwell.  +1 201-252-8844

For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 110,000 people, has production facilities in 19 countries and sells its products in more than 190 markets. In 2014 the Volvo Group’s sales amounted to about SEK 270 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.

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 November 19, 2014.

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The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The headquarter is located in Gothenburg, Sweden.

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