Truck deliveries in February 2013
Deliveries from the Volvo Group’s truck operations in February 2013 amounted to 12,272 vehicles. This was a decrease of 26% compared with the year-earlier month.
Volvo Group
Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD and Eicher):
| Delivered Units | February | Change | Year-to date | Change | ||
| Volvo Group | 2013 | 2012* | 2013 | 2012 | ||
| Europe | 4 939 | 6 099 | -19% | 9 314 | 12 333 | -24% |
| Western Europe | 3 757 | 4 876 | -23% | 7 380 | 10 024 | -26% |
| Eastern Europe | 1 182 | 1 223 | -3% | 1 934 | 2 309 | -16% |
| North America | 2 519 | 4 668 | -46% | 4 481 | 7 812 | -43% |
| South America | 1 903 | 1 728 | 10% | 3 514 | 2 911 | 21% |
| Asia | 1 820 | 2 396 | -24% | 3 647 | 4 763 | -23% |
| Other markets | 1 091 | 1 605 | -32% | 2 107 | 2 636 | -20% |
| Total Volvo Group | 12 272 | 16 496 | -26% | 23 063 | 30 455 | -24% |
| Light duty (< 7t) | 840 | 1 188 | -29% | 1 735 | 2 653 | -35% |
| Medium duty (7-16t) | 1 241 | 1 674 | -26% | 2 307 | 3 234 | -29% |
| Heavy duty (>16t) | 10 191 | 13 634 | -25% | 19 021 | 24 568 | -23% |
| Total Volvo Group | 12 272 | 16 496 | -26% | 23 063 | 30 455 | -24% |
| Non-consolidated operations | ||||||
| Eicher (100%) | 3 041 | 3 790 | -20% | 6 250 | 7 101 | -12% |
| DND (100%) | 9 | 8 | 13% | 30 | 72 | -58% |
| Total Volumes | 15 322 | 20 294 | -24% | 29 343 | 37 628 | -22% |
*Restated for new accounting rules, effective Januari 1, 2013, where 50/50 joint-ventures are consolidated using the equity method instead of the proportionate method.
Volvo
In February 6,807 Volvo trucks were delivered, a decrease of 17% compared with the same month last year.
In Europe 2,578 vehicles were delivered during February, down 16% compared with February 2012. This is a reflection of the relatively low order intake during second part of 2012 when truck customers in general were uncertain of the development of the European economy and thus delayed their decision to invest in new trucks.
February deliveries in North America decreased 40% to 1,426 vehicles in comparison with the same period in 2012. The decrease was driven in part by the ongoing realignment of production to current industry demand that began in the fourth quarter of 2012.
Deliveries for South America increased 12% in February to 1,653 commercial vehicles.
In Brazil, infrastructure investments continue to positively impact the overall market and deliveries of Volvo trucks increased 18% to 1,370 trucks in February.
Deliveries by market area:
| Delivered Units | February | Change | Year-to-date | Change | ||
| Volvo | 2013 | 2012 | 2013 | 2012 | ||
| Europe | 2 578 | 3 077 | -16% | 4 773 | 6 038 | -21% |
| Western Europe | 1 625 | 2 206 | -26% | 3 232 | 4 374 | -26% |
| Eastern Europe | 953 | 871 | 9% | 1 541 | 1 664 | -7% |
| North America | 1 426 | 2 364 | -40% | 2 214 | 3 946 | -44% |
| South America | 1 653 | 1 480 | 12% | 3 090 | 2 522 | 23% |
| Asia | 787 | 838 | -6% | 1 606 | 1 752 | -8% |
| Other markets | 363 | 479 | -24% | 699 | 802 | -13% |
| Total Volvo | 6 807 | 8 238 | -17% | 12 382 | 15 060 | -18% |
| Medium duty (7-16t) | 111 | 139 | -20% | 230 | 278 | -17% |
| Heavy duty (>16t) | 6 696 | 8 099 | -17% | 12 152 | 14 782 | -18% |
| Total Volvo | 6 807 | 8 238 | -17% | 12 382 | 15 060 | -18% |
Mack
Deliveries for Mack in February totaled 1,298 vehicles, a 50% decrease compared with February 2012. The decrease was driven in part by the impact of lingering economic uncertainty, and by steps to align production with current industry demand that began late last year.
Deliveries by market area:
| Delivered Units | February | Change | Year-to-date | Change | ||
| Mack | 2013 | 2012 | 2013 | 2012 | ||
| North America | 1 036 | 2 240 | -54% | 2 165 | 3 707 | -42% |
| South America | 181 | 192 | -6% | 306 | 258 | 19% |
| Other markets | 2 | 1 | 100% | 2 | 1 | 100% |
| Asia | 79 | 150 | -47% | 130 | 210 | -38% |
| Total Mack | 1 298 | 2 583 | -50% | 2 603 | 4 176 | -38% |
| Heavy duty (>16t) | 1 298 | 2 583 | -50% | 2 603 | 4 176 | -38% |
| Total Mack | 1 298 | 2 583 | -50% | 2 603 | 4 176 | -38% |
Renault Trucks
In February, 2,885 Renault trucks were delivered, a decrease of 25% compared with February 2012. The decline in deliveries is a reflection of the relatively low order intake during second part of 2012 when truck customers in general were uncertain of the development of the European economy and thus delayed their decision to invest in new trucks.
Deliveries for Europe declined by 22% in February to 2,361 vehicles. In Western Europe, deliveries were down by 20% and in France 1,232 trucks were delivered, down 14% compared with the year-earlier period.
Deliveries by market area:
| Delivered Units | February | Change | Year-to-date | Change | ||
| Renault Trucks | 2013 | 2012 | 2013 | 2012 | ||
| Europe | 2 361 | 3 022 | -22% | 4 541 | 6 295 | -28% |
| Western Europe | 2 132 | 2 670 | -20% | 4 148 | 5 650 | -27% |
| Eastern Europe | 229 | 352 | -35% | 393 | 645 | -39% |
| North America | 13 | 8 | 63% | 14 | 25 | -44% |
| South America | 62 | 47 | 32% | 102 | 104 | -2% |
| Asia | 149 | 236 | -37% | 329 | 493 | -33% |
| Other markets | 300 | 555 | -46% | 641 | 801 | -20% |
| Total Renault Trucks | 2 885 | 3 868 | -25% | 5 627 | 7 718 | -27% |
| Light duty (< 7t) | 776 | 1 033 | -25% | 1 569 | 2 315 | -32% |
| Medium duty (7-16t) | 566 | 662 | -15% | 1 028 | 1 198 | -14% |
| Heavy duty (>16t) | 1 543 | 2 173 | -29% | 3 030 | 4 205 | -28% |
| Total Renault Trucks | 2 885 | 3 868 | -25% | 5 627 | 7 718 | -27% |
UD
Deliveries from UD Trucks in February 2013 decreased by 29% to 1,282 vehicles compared to February 2012.
Deliveries by market area:
| Delivered Units | February | Change | Year-to-date | Change | ||
| UD | 2013 | 2012* | 2013 | 2012 | ||
| North America | 44 | 56 | -21% | 88 | 134 | -34% |
| South America | 7 | 9 | -22% | 16 | 27 | -41% |
| Asia | 882 | 1 321 | -33% | 1 710 | 2 517 | -32% |
| Other markets | 349 | 421 | -17% | 637 | 823 | -23% |
| Total UD | 1 282 | 1 807 | -29% | 2 451 | 3 501 | -30% |
| Light duty (< 7t) | 64 | 155 | -59% | 166 | 338 | -51% |
| Medium duty (7-16t) | 564 | 873 | -35% | 1 049 | 1 758 | -40% |
| Heavy duty (>16t) | 654 | 779 | -16% | 1 236 | 1 405 | -12% |
| Total UD | 1 282 | 1 807 | -29% | 2 451 | 3 501 | -30% |
| Non-consolidated operations | ||||||
| DND (100%) | 9 | 8 | 13% | 30 | 72 | -58% |
| Total volumes | 1 291 | 1 815 | -29% | 2 481 | 3 573 | -31% |
*Restated for new accounting rules, effective Januari 1, 2013, where 50/50 joint-ventures are consolidated using the equity method instead of the proportionate method.
Eicher*
Deliveries of Eicher trucks in February decreased by 20% to 3,041 trucks compared to the same month last year.
Deliveries by market area:
| Delivered Units | February | Change | Year-to-date | Change | ||
| Eicher (100%) | 2013 | 2012 | 2013 | 2012 | ||
| Asia | 3 041 | 3 790 | -20% | 6 250 | 7 101 | -12% |
| Total Eicher | 3 041 | 3 790 | -20% | 6 250 | 7 101 | -12% |
| Light duty (< 7t) | 325 | 472 | -31% | 736 | 1 008 | -27% |
| Medium duty (7-16t) | 2 091 | 2 699 | -23% | 4 184 | 4 888 | -14% |
| Heavy duty (>16t) | 625 | 619 | 1% | 1 330 | 1 205 | 10% |
| Total Eicher | 3 041 | 3 790 | -20% | 6 250 | 7 101 | -12% |
*As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group
March 20, 2013
Reporters who would like more information, please contact:
Media Relations
Volvo Group:
Kina Wileke, +46 765-53 72 29
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:
Christer Johansson, AB Volvo, +46 739 02 25 22
Patrik Stenberg, AB Volvo, +46 31 66 13 36
John Hartwell, Volvo Group North America, +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 115,000 people, has production facilities in 19 countries and sells its products in more than 190 markets. In 2012 the Volvo Group’s sales amounted to about SEK 304 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. in March 20, 2013.
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