Truck deliveries in April 2012
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
Tags: