Truck deliveries in July 2011
Total deliveries from the Volvo Group’s truck operations in July amounted to 16,898 vehicles. This was an increase of 18% compared with the year-earlier period.
Volvo Group
Total deliveries by market for the Volvo Group’s truck operations (Volvo Trucks, Mack, Renault Trucks, UD Trucks and Eicher):
| Delivered Units | July | Change | Year-to-Date | Change | ||
| Volvo Group | 2011 | 2010 | 2011 | 2010 | ||
| Europe | 6 612 | 4 864 | 36% | 56 009 | 32 850 | 70% |
| Western Europe | 5 384 | 4 242 | 27% | 45 439 | 28 549 | 59% |
| Eastern Europe | 1 228 | 622 | 97% | 10 570 | 4 301 | 146% |
| North America | 2 553 | 1 692 | 51% | 21 664 | 11 335 | 91% |
| South America | 2 426 | 1 685 | 44% | 16 005 | 11 733 | 36% |
| Asia | 4 078 | 4 669 | -13% | 29 816 | 29 691 | 0% |
| Other markets | 1 229 | 1 467 | -16% | 8 383 | 8 322 | 1% |
| Total Volvo Group | 16 898 | 14 377 | 18% | 131 877 | 93 931 | 40% |
| Light duty (< 7t) | 2 107 | 1 963 | 7% | 14 960 | 14 386 | 4% |
| Medium duty (7-16t) | 2 656 | 2 454 | 8% | 18 566 | 17 623 | 5% |
| Heavy duty (>16t) | 12 136 | 9 960 | 22% | 98 352 | 61 922 | 59% |
| Total Volvo Group | 16 898 | 14 377 | 18% | 131 877 | 93 931 | 40% |
Volvo Trucks
Volvo Trucks’ deliveries in July rose by 31%, compared with the year-earlier period. Delivery increases were noted in most of the leading markets.
Deliveries in Europe totaled 3,121 trucks in July, up 40% compared with July 2010. Key markets such as the UK and Germany reported increases of 31 and 19%, respectively. The trend for truck deliveries in Eastern Europe remained positive, particularly the Russian market where deliveries in July rose a full 178% year-on-year. As a whole, the number of deliveries in Eastern Europe rose 115% in July, compared with July 2010.
In South America, high demand continued and deliveries in July increased 41% to 2,100 trucks, compared with July 2010. In the heavy segment Volvo Trucks has a leading market position year to date.
In North America, deliveries in July rose by 49% to 1632 vehicles, despite some disruptions due to production component shortages at the New River Valley plant.
Deliveries by market area:
| Delivered Units | July | Change | Year-to-Date | Change | ||
| Volvo Trucks | 2011 | 2010 | 2011 | 2010 | ||
| Europe | 3 121 | 2 223 | 40% | 26 795 | 14 462 | 85% |
| Western Europe | 2 181 | 1 785 | 22% | 19 065 | 11 512 | 66% |
| Eastern Europe | 940 | 438 | 115% | 7 730 | 2 950 | 162% |
| North America | 1 632 | 1 094 | 49% | 12 265 | 5 548 | 121% |
| South America | 2 100 | 1 489 | 41% | 13 910 | 10 344 | 34% |
| Asia | 858 | 914 | -6% | 7 328 | 5 211 | 41% |
| Other markets | 405 | 467 | -13% | 2 384 | 2 356 | 1% |
| Total Volvo Trucks | 8 116 | 6 187 | 31% | 62 682 | 37 921 | 65% |
| Medium duty (7-16t) | ||||||
| Heavy duty (>16t) | 120 | 151 | -21% | 1 078 | 1 103 | -2% |
| Total Volvo Trucks | 7 996 | 6 036 | 32% | 61 604 | 36 818 | 67% |
Mack
Mack deliveries in July totaled 1,076 vehicles, up 42% (vs. 758) compared with the year-earlier period but impacted by some disruptions due to production component shortages. Despite ongoing low demand for heavy-duty construction trucks, demand remained reasonably strong for the highly fuel efficient Mack Pinnacle highway models and the industry-leading Mack TerraPro refuse models.
Deliveries by market area:
| Delivered Units | July | Change | Year-to-Date | Change | ||
| Mack | 2011 | 2010 | 2011 | 2010 | ||
| North America | 831 | 537 | 55% | 8 636 | 5 070 | 70% |
| South America | 189 | 108 | 75% | 1 432 | 1 006 | 42% |
| Asia | 11 | -100% | 2 | 25 | -92% | |
| Other markets | 56 | 102 | -45% | 604 | 514 | 18% |
| Total Mack | 1 076 | 758 | 42% | 10 674 | 6 615 | 61% |
| Medium Duty (7-16t) | 1 | 1 | ||||
| Heavy duty (>16t) | 1 076 | 757 | 42% | 10 674 | 6 614 | 61% |
| Total Mack | 1 076 | 758 | 42% | 10 674 | 6 615 | 61% |
Renault Trucks
Renault Trucks’ deliveries rose by 15% in July compared with the year-earlier period. Sales of light duty vehicles increased by 72% during the month, while Medium and Heavy Duty vehicles were slightly below last year.
In Western Europe deliveries increased by 30% while deliveries to Eastern Europe rose by 57%.
Sales to markets in Turkey and Russia rose significantly compared to last year.
Deliveries by market area:
| Delivered Units | July | Change | Year-to-Date | Change | ||
| Renault Trucks | 2011 | 2010 | 2011 | 2010 | ||
| Europe | 3 491 | 2 641 | 32% | 29 214 | 18 388 | 59% |
| Western Europe | 3 203 | 2 457 | 30% | 26 374 | 17 037 | 55% |
| Eastern Europe | 288 | 184 | 57% | 2 840 | 1 351 | 110% |
| North America | 7 | 9 | -22% | 73 | 27 | 170% |
| South America | 105 | 86 | 22% | 522 | 270 | 93% |
| Asia | 212 | 408 | -48% | 2 718 | 1 622 | 68% |
| Other markets | 281 | 407 | -31% | 2 549 | 3 136 | -19% |
| Total Renault Trucks | 4 096 | 3 551 | 15% | 35 076 | 23 443 | 50% |
| Light duty (< 7t) | 1 728 | 1 005 | 72% | 11 500 | 7 795 | 48% |
| Medium duty (7-16t) | 472 | 446 | 6% | 4 617 | 4 408 | 5% |
| Heavy duty (>16t) | 1 896 | 2 100 | -10% | 18 959 | 11 240 | 69% |
| Total Renault Trucks | 4 096 | 3 551 | 15% | 35 076 | 23 443 | 50% |
UD Trucks
Deliveries from UD Trucks in July totaled 1,987 units, a decrease by 25 %.
In Asia, the number of deliveries was 1,385 units, a decrease by 34 %.
In Japan, the number of deliveries was 714 units, down 44% following the end of manufacturing in January of light-duty trucks commissioned by Nissan Motor. Excluding deliveries to Nissan Motor deliveries in Japan increased by 8.5% compared to the year-earlier period.
Deliveries by market area:
| Delivered Units | July | Change | Year-to-Date | Change | ||
| UD Trucks | 2011 | 2010 | 2011 | 2010 | ||
| North America | 83 | 52 | 60% | 690 | 690 | |
| South America | 32 | 2 | 1500% | 141 | 113 | 25% |
| Asia | 1 385 | 2 111 | -34% | 8 233 | 13 911 | -41% |
| Other markets | 487 | 491 | -1% | 2 846 | 2 316 | 23% |
| Total UD Trucks | 1 987 | 2 656 | -25% | 11 910 | 17 030 | -30% |
| Light duty (< 7t) | 168 | 793 | -79% | 1 864 | 5 515 | -66% |
| Medium duty (7-16t) | 961 | 952 | 1% | 5 147 | 5 501 | -6% |
| Heavy duty (>16t) | 858 | 911 | -6% | 4 899 | 6 014 | -19% |
| Total UD Trucks | 1 987 | 2 656 | -25% | 11 910 | 17 030 | -30% |
Eicher
Deliveries from Eicher in July totalled 1,623 trucks, up 33% compared to the year earlier period.
Deliveries by market area:
| Delivered Units | July | Change | Year-to-Date | Change | ||
| Eicher | 2011 | 2010 | 2011 | 2010 | ||
| Asia | 1 623 | 1 225 | 33% | 11 536 | 8 922 | 29% |
| Total Eicher | 1 623 | 1 225 | 33% | 11 536 | 8 922 | 29% |
| Light duty (< 7t) | 211 | 165 | 28% | 1 596 | 1 076 | 48% |
| Medium duty (7-16t) | 1 103 | 904 | 22% | 7 724 | 6 610 | 17% |
| Heavy duty (>16t) | 310 | 156 | 99% | 2 217 | 1 237 | 79% |
| Total Eicher | 1 623 | 1 225 | 33% | 11 536 | 8 922 | 29% |
Volvo Group represents 50% of the total production volume for Eicher.
August 30, 2011
Reporters who would like more information, please contact:
Media Relations:
Bernard Lancelot, Renault Trucks, +33 (0)4 72 96 58 89
John Walsh, Mack, +1 336 39 32 640
Jenny Björsne, Volvo Trucks, +46 31 66 45 23
Hiroshi Nakamura, UD Trucks, +81 48 72 67 601
Investor Relations:
Christer Johansson, AB Volvo, +46 31 66 13 34
Patrik Stenberg, AB Volvo, +46 31 66 13 36
Anders Christensson, AB Volvo, tel +46 31 66 11 91
John Hartwell, Volvo Group North America, tel +1 212 418 7432
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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 August 30, 2011.
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 100,000 people, has production facilities in 19 countries and sells their products in more than 180 markets. In 2010 annual sales of the Volvo Group amounted to about SEK 265 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.
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