Truck deliveries in August 2014

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Deliveries from the Volvo Group’s truck operations in August 2014 amounted to 11,809 vehicles. This was a decrease of 8% compared with the year-earlier month.

Volvo Group

Deliveries from the Volvo Group’s truck operations in August 2014 amounted to 11,809 vehicles. This was a decrease of 8% compared with the year-earlier month. On a regional basis August deliveries declined by 42% in South America and by 19% in Europe as a result of lower deliveries in Brazil and France respectively. Deliveries in North America increased by 22% in August.

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

Delivered Units August Change Year-to date Change
Volvo Group 2014 2013 2014 2013
Europe 3,045 3,774 -19% 44,045 45,457 -3%
   Western Europe 2,221 2,921 -24% 33,997 35,576 -4%
   Eastern Europe 824 853 -3% 10,048 9,881 2%
North America 3,903 3,188 22% 36,673 28,041 31%
South America 1,519 2,598 -42% 15,542 18,843 -18%
Asia 2,016 2,137 -6% 20,874 17,572 19%
Other markets 1,326 1,167 14% 11,153 10,250 9%
Total Volvo Group 11,809 12,864 -8% 128,287 120,163 7%
Light duty (< 7t) 567 562 1% 8,998 8,015 12%
Medium duty (7-16t) 958 1,108 -14% 9,594 10,361 -7%
Heavy duty (>16t) 10,284 11,194 -8% 109,695 101,787 8%
Total Volvo Group 11,809 12,864 -8% 128,287 120,163 7%
Non-consolidated operations
Eicher (100%) 2,448 2,373 3% 20,193 22,399 -10%
DVT (100%) 17 17 54 162 -67%
Total Volumes 14,274 15,254 -6% 148,534 142,724 4%

Volvo

In August 6,939 Volvo trucks were delivered, a decrease of 9% compared with the same month last year.

In Europe 1,974 vehicles were delivered during August, down by 10% compared with August 2013.

Demand in North America continued to be good and deliveries increased by 31% to 2,246 vehicles in comparison with the same period last year.

Deliveries in South America decreased to 1,423 trucks in August, a decrease of 40% compared with August 2013. The decrease is a consequence of lower demand as well as inventory reduction in the dealer channel.

Deliveries by market area:

Delivered Units August Change Year-to-date Change
Volvo 2014 2013   2014 2013
Europe 1,974 2,204 -10% 26,185 25,084 4%
   Western Europe 1,313 1,539 -15% 18,131 16,832 8%
   Eastern Europe 661 665 -1% 8,054 8,252 -2%
North America 2,246 1,708 31% 21,709 15,565 39%
South America 1,423 2,368 -40% 14,313 16,820 -15%
Asia 825 858 -4% 7,970 7,616 5%
Other markets 471 452 4% 4,036 3,585 13%
Total Volvo 6,939 7,590 -9% 74,213 68,670 8%
Medium duty (7-16t) 99 88 13% 1,319 1,043 26%
Heavy duty (>16t) 6,840 7,502 -9% 72,894 67,627 8%
Total Volvo 6,939 7,590 -9% 74,213 68,670 8%

Mack

Deliveries for Mack in August totaled 1,793 vehicles, a 4% increase compared with August 2013.

Deliveries by market area:

Delivered Units August Change Year-to-date Change
Mack 2014 2013 2014 2013
Europe 1 -100%
   Western Europe 1
   Eastern Europe
North America 1,649 1,456 13% 14,839 12,167 22%
South America 39 164 -76% 485 1,382 -65%
Asia 4 2 100% 9 14 -36%
Other markets 101 108 -6% 681 637 7%
Total Mack 1,793 1,730 4% 16,014 14,201 13%
Heavy duty (>16t) 1,793 1,730 4% 16,014 14,201 13%
Total Mack 1,793 1,730 4% 16,014 14,201 13%

 Renault Trucks

In August 1,475 trucks were delivered by Renault Trucks. The deliveries of heavy duty trucks declined by 35% to 853 trucks in August compared with the year-earlier month. The decline was mainly a result of lower deliveries in France. Deliveries of light duty trucks increased to 446 trucks, up by 8%.

Deliveries by market area:

Delivered Units August Change Year-to-date Change
Renault Trucks 2014 2013   2014 2013
Europe 1,071 1,570 -32% 17,860 20,372 -12%
   Western Europe 908 1,382 -34% 15,866 18,743 -15%
   Eastern Europe 163 188 -13% 1,994 1,629 22%
North America 12 -100% 75 86 -13%
South America 35 58 -40% 487 541 -10%
Asia 69 94 -27% 2,287 1,387 65%
Other markets 300 274 9% 3,179 3,081 3%
Total Renault Trucks 1,475 2,008 -27% 23,888 25,467 -6%
Light duty (< 7t) 446 412 8% 8,011 7,128 12%
Medium duty (7-16t) 176 283 -38% 2,490 4,254 -41%
Heavy duty (>16t) 853 1,313 -35% 13,387 14,085 -5%
Total Renault Trucks 1,475 2,008 -27% 23,888 25,467 -6%

 UD Trucks

In August 2014, UD Trucks delivered 1,602 trucks, which was an increase by 4% compared to August last year.

Deliveries by market area:

Delivered Units August Change Year-to-date Change
UD Trucks 2014 2013 2014 2013
North America 8 12 -33% 50 223 -78%
South America 22 8 175% 257 100 157%
Asia 1,118 1,183 -5% 10,608 8,555 24%
Other markets 454 333 36% 3,257 2,947 11%
Total UD Trucks 1,602 1,536 4% 14,172 11,825 20%
Light duty (< 7t) 121 150 -19% 987 887 11%
Medium duty (7-16t) 683 737 -7% 5,785 5,064 14%
Heavy duty (>16t) 798 649 23% 7,400 5,874 26%
Total UD 1,602 1,536 4% 14,172 11,825 20%
Non-consolidated operations
DVT (100%) 17 17 54 162 -67%
Total volumes 1,619 1,553 4% 14,226 11,987 19%

 Eicher*

Eicher delivered 2,448 trucks in August which is an increase by 3% compared to the amount of trucks delivered in August 2013.

Deliveries by market area:

Delivered Units August Change Year-to-date Change
Eicher (100%) 2014 2013 2014 2013
Asia 2,448 2,373 3% 20,193 22,399 -10%
Total Eicher 2,448 2,373 3% 20,193 22,399 -10%
Light duty (< 7t) 332 369 -10% 3,252 3,055 6%
Medium duty (7-16t) 1,486 1,390 7% 11,715 14,430 -19%
Heavy duty (>16t) 630 614 3% 5,226 4,914 6%
Total Eicher 2,448 2,373 3% 20,193 22,399 -10%

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

September 18, 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


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 September 18, 2014.

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