Truck deliveries in October 2013
Deliveries from the Volvo Group’s truck operations in October 2013 amounted to 20,897 vehicles. This was an increase of 13% compared with the year-earlier month.
Volvo Group
Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD and Eicher):
| Delivered Units | October | Change | Year-to date | Change | ||
| Volvo Group | 2013 | 2012* | 2013 | 2012 | ||
| Europe | 9 655 | 8 634 | 12% | 62 821 | 69 329 | -9% |
| Western Europe | 7 494 | 6 535 | 15% | 49 036 | 52 517 | -7% |
| Eastern Europe | 2 161 | 2 099 | 3% | 13 785 | 16 812 | -18% |
| North America | 4 857 | 3 303 | 47% | 36 839 | 40 632 | -9% |
| South America | 2 167 | 2 298 | -6% | 23 814 | 19 248 | 24% |
| Asia | 2 847 | 2 758 | 3% | 23 054 | 25 788 | -11% |
| Other markets | 1 371 | 1 533 | -11% | 13 030 | 14 255 | -9% |
| Total Volvo Group | 20 897 | 18 526 | 13% | 159 558 | 169 252 | -6% |
| Light duty (< 7t) | 1 448 | 1 392 | 4% | 10 717 | 13 277 | -19% |
| Medium duty (7-16t) | 1 567 | 1 755 | -11% | 13 497 | 16 728 | -19% |
| Heavy duty (>16t) | 17 882 | 15 379 | 16% | 135 344 | 139 247 | -3% |
| Total Volvo Group | 20 897 | 18 526 | 13% | 159 558 | 169 252 | -6% |
| Non-consolidated operations | ||||||
| Eicher (100%) | 2 614 | 3 416 | -23% | 27 250 | 32 400 | -16% |
| DND (100%) | 4 | 39 | -90% | 185 | 384 | -52% |
| Total Volumes | 23 515 | 21 981 | 7% | 186 993 | 202 036 | -7% |
*Restated for new accounting rules, effective January 1, 2013, where 50/50 joint-ventures are consolidated using the equity method instead of the proportionate method.
Volvo
In October 12,124 Volvo trucks were delivered, an increase of 21% compared with the same month last year.
In Europe 5,552 vehicles were delivered during October, up by 28% compared with October 2012. An extensive product renewal is under way with five new truck models; Volvo FH, Volvo FM, Volvo FMX, Volvo FE and Volvo FL.
First quarter production rates in Europe will be adjusted to reflect lower demand, which is a consequence of customers having pre-bought trucks ahead of a more stringent emission regulation coming into force 1 January 2014.
October deliveries in North America increased 34% to 2,880 vehicles in comparison with the same period last year.
October deliveries in South America increased 7% to 1,921 trucks compared with October 2012.
Deliveries by market area:
| Delivered Units | October | Change | Year-to-date | Change | ||
| Volvo | 2013 | 2012 | 2013 | 2012 | ||
| Europe | 5 552 | 4 350 | 28% | 35 181 | 35 268 | 0% |
| Western Europe | 3 764 | 2 799 | 34% | 23 717 | 22 705 | 4% |
| Eastern Europe | 1 788 | 1 551 | 15% | 11 464 | 12 563 | -9% |
| North America | 2 880 | 2 144 | 34% | 20 966 | 21 641 | -3% |
| South America | 1 921 | 1 793 | 7% | 21 277 | 15 859 | 34% |
| Asia | 1 335 | 1 211 | 10% | 9 792 | 8 984 | 9% |
| Other markets | 436 | 553 | -21% | 4 474 | 4 892 | -9% |
| Total Volvo | 12 124 | 10 051 | 21% | 91 690 | 86 644 | 6% |
| Medium duty (7-16t) | 220 | 192 | 15% | 1 385 | 1 439 | -4% |
| Heavy duty (>16t) | 11 904 | 9 859 | 21% | 90 305 | 85 205 | 6% |
| Total Volvo | 12 124 | 10 051 | 21% | 91 690 | 86 644 | 6% |
Mack
Deliveries for Mack in October totaled 2,178 vehicles, a 45% increase compared with October 2012.
Deliveries by market area:
| Delivered Units | October | Change | Year-to-date | Change | ||
| Mack | 2013 | 2012 | 2013 | 2012 | ||
| Europe | 18 | -100% | 1 | 44 | -98% | |
| Western Europe | 1 | |||||
| Eastern Europe | 18 | -100% | 44 | -100% | ||
| North America | 1 931 | 1 056 | 83% | 15 479 | 18 454 | -16% |
| South America | 163 | 342 | -52% | 1 686 | 2 282 | -26% |
| Asia | 14 | 30 | -53% | |||
| Other markets | 84 | 90 | -7% | 793 | 948 | -16% |
| Total Mack | 2 178 | 1 506 | 45% | 17 973 | 21 758 | -17% |
| Heavy duty (>16t) | 2 178 | 1 506 | 45% | 17 973 | 21 758 | -17% |
| Total Mack | 2 178 | 1 506 | 45% | 17 973 | 21 758 | -17% |
Renault Trucks
In October 4,797 trucks were delivered by Renault Trucks which was a decrease by 12% compared to a year ago. In Eastern Europe, deliveries were down by 30%
In June, Renault Trucks launched a completely new truck program, with four different truck series; the T-series for long haulage, the C-series for construction, the K-series for heavy construction and the D-series for distribution.
Renault Trucks’ new ranges have had a positive reception from both customers and dealers. However, production of the new trucks has just started and demonstration trucks are currently being delivered to customers, who will test their performance over a period of time before placing further orders.
Consequently, overall order intake for Renault is currently low as no more orders are taken for Europe on the old generation and order intake is yet to pick-up on the new generation of trucks. Production rates for the first quarter will be adjusted to reflect lower demand.
Deliveries by market area:
| Delivered Units | October | Change | Year-to-date | Change | ||
| Renault Trucks | 2013 | 2012 | 2013 | 2012 | ||
| Europe | 4 103 | 4 266 | -4% | 27 639 | 34 017 | -19% |
| Western Europe | 3 730 | 3 736 | 0% | 25 318 | 29 812 | -15% |
| Eastern Europe | 373 | 530 | -30% | 2 321 | 4 205 | -45% |
| North America | 34 | 43 | -21% | 158 | 108 | 46% |
| South America | 80 | 122 | -34% | 713 | 974 | -27% |
| Asia | 154 | 343 | -55% | 1 705 | 3 194 | -47% |
| Other markets | 426 | 664 | -36% | 4 021 | 4 604 | -13% |
| Total Renault Trucks | 4 797 | 5 438 | -12% | 34 236 | 42 897 | -20% |
| Light duty (< 7t) | 1 297 | 1 201 | 8% | 9 497 | 11 599 | -18% |
| Medium duty (7-16t) | 611 | 830 | -26% | 5 462 | 6 061 | -10% |
| Heavy duty (>16t) | 2 889 | 3 407 | -15% | 19 277 | 25 237 | -24% |
| Total Renault Trucks | 4 797 | 5 438 | -12% | 34 236 | 42 897 | -20% |
UD
In October 2013, UD Trucks delivered 1,798 trucks, which was an increase of 17% compared to October last year.
Deliveries by market area:
| Delivered Units | October | Change | Year-to-date | Change | ||
| UD | 2013 | 2012* | 2013 | 2012 | ||
| North America | 12 | 60 | -80% | 236 | 429 | -45% |
| South America | 3 | 41 | -93% | 138 | 133 | 4% |
| Asia | 1 358 | 1 204 | 13% | 11 543 | 13 580 | -15% |
| Other markets | 425 | 226 | 88% | 3 742 | 3 811 | -2% |
| Total UD | 1 798 | 1 531 | 17% | 15 659 | 17 953 | -13% |
| Light duty (< 7t) | 151 | 191 | -21% | 1 220 | 1 678 | -27% |
| Medium duty (7-16t) | 736 | 733 | 0% | 6 650 | 9 228 | -28% |
| Heavy duty (>16t) | 911 | 607 | 50% | 7 789 | 7 047 | 11% |
| Total UD | 1 798 | 1 531 | 17% | 15 659 | 17 953 | -13% |
| Non-consolidated operations | ||||||
| DND (100%) | 4 | 39 | -90% | 185 | 384 | -52% |
| Total volumes | 1 802 | 1 570 | 15% | 15 844 | 18 337 | -14% |
*Restated for new accounting rules, effective January 1, 2013, where 50/50 joint-ventures are consolidated using the equity method instead of the proportionate method.
Eicher*
Deliveries of Eicher trucks in October decreased by 23% to 2,614 trucks compared to the same month last year.
Deliveries by market area:
| Delivered Units | October | Change | Year-to-date | Change | ||
| Eicher (100%) | ||||||
| Asia | 2 614 | 3 416 | -23% | 27 250 | 32 400 | -16% |
| Total Eicher | 2 614 | 3 416 | -23% | 27 250 | 32 400 | -16% |
| Light duty (< 7t) | 437 | 406 | 8% | 3 798 | 3 910 | -3% |
| Medium duty (7-16t) | 1 718 | 2 271 | -24% | 17 451 | 21 765 | -20% |
| Heavy duty (>16t) | 459 | 739 | -38% | 6 001 | 6 725 | -11% |
| Total Eicher | 2 614 | 3 416 | -23% | 27 250 | 32 400 | -16% |
*As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group
November 20, 2013
Reporters, who would like more information, please contact:
Media Relations
Volvo Group:
Karin Wik, +46 765-53 10 20
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:
Patrik Stenberg, AB Volvo, +46 31 661336
Anders Christensson, AB Volvo, +46 31 661191
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) November is 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 November 20, 2013.
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