Truck deliveries in May 2012
Total deliveries from the Volvo Group’s truck operations in May 2012 amounted to 19 734 vehicles. This was a decrease of 3% compared with the year-earlier period.
Volvo Group
Total deliveries by market for all brands (Volvo, Mack, Renault, UD and Eicher):
| Delivered Units | May | Change | Year-to-date | Change | ||
| Volvo Group | 2012 | 2011 | 2012 | 2011 | ||
| Europe | 7 481 | 9 006 | -17% | 34 254 | 40 789 | -16% |
| Western Europe | 5 664 | 7 323 | -23% | 26 694 | 33 372 | -20% |
| Eastern Europe | 1 817 | 1 683 | 8% | 7 560 | 7 417 | 2% |
| North America | 4 677 | 3 571 | 31% | 22 237 | 15 780 | 41% |
| South America | 1 982 | 2 435 | -19% | 8 749 | 10 864 | -19% |
| Asia | 3 948 | 4 002 | -1% | 21 895 | 21 458 | 2% |
| Other markets | 1 646 | 1 244 | 32% | 7 209 | 5 801 | 24% |
| Total Volvo Group | 19 734 | 20 258 | -3% | 94 344 | 94 692 | 0% |
| Light duty (< 7t) | 1 388 | 2 219 | -37% | 7 776 | 10 618 | -27% |
| Medium duty (7-16t) | 2 781 | 2 477 | 12% | 14 726 | 13 119 | 12% |
| Heavy duty (>16t) | 15 566 | 15 562 | 0% | 71 842 | 70 956 | 1% |
| Total Volvo Group | 19 734 | 20 258 | -3% | 94 344 | 94 692 | 0% |
Volvo
Deliveries of Volvo branded trucks in May decreased by 9% to 9,285 vehicles compared to the same period last year. The deliveries in Western Europe declined by 18%, as the markets in southern Europe are affected by the economic downturn. Given the current economic development in Europe, we are evaluating if the announced increases in production rates will be implemented as planned.
The deliveries to Eastern Europe increased by 13%. In Russia the economic growth is continuously strong and the expansion of the infrastructure increases the construction-related demand.
Deliveries in North America were flat in comparison with the same period last year as the supply pipeline, particularly for highway customers, has caught up with demand.
May deliveries in Latin America for Volvo Trucks decreased 21% to 1,681 trucks as compared with 2,118 trucks in May 2011. Deliveries continue to be impacted by the implementation of new emissions regulations requiring Euro V technology, as well as the slow economic growth in Brazil and Argentina.
Deliveries by market area:
| Delivered Units | May | Change | Year-to-date | Change | ||
| Volvo | 2012 | 2011 | 2012 | 2011 | ||
| Europe | 3 987 | 4 391 | -9% | 17 487 | 19 650 | -11% |
| Western Europe | 2 607 | 3 171 | -18% | 11 761 | 14 263 | -18% |
| Eastern Europe | 1 380 | 1 220 | 13% | 5 726 | 5 387 | 6% |
| North America | 2 201 | 2 093 | 5% | 11 130 | 8 753 | 27% |
| South America | 1 681 | 2 118 | -21% | 7 355 | 9 495 | -23% |
| Asia | 843 | 1 260 | -33% | 4 315 | 5 501 | -22% |
| Other markets | 573 | 366 | 57% | 2 461 | 1 594 | 54% |
| Total Volvo | 9 285 | 10 228 | -9% | 42 748 | 44 993 | -5% |
| Medium duty (7-16t) | 165 | 168 | -2% | 731 | 766 | -5% |
| Heavy duty (>16t) | 9 120 | 10 060 | -9% | 42 017 | 44 227 | -5% |
| Total Volvo | 9 285 | 10 228 | -9% | 42 748 | 44 993 | -5% |
Mack
Deliveries for Mack branded trucks in May totaled 2,687 vehicles, increasing 59% comparing with May 2011. Construction-related demand is beginning to show modest signs of recovery, and Mack continues to improve share in regional highway segments.
Deliveries by market area:
| Delivered Units | May | Change | Year-to-date | Change | ||
| Mack | 2012 | 2011 | 2012 | 2011 | ||
| North America | 2 426 | 1 347 | 80% | 10 806 | 6 448 | 68% |
| South America | 184 | 271 | -32% | 892 | 1 001 | -11% |
| Asia | 12 | 2 | 500% | 16 | 2 | 700% |
| Other markets | 65 | 70 | -7% | 477 | 346 | 38% |
| Total Mack | 2 687 | 1 690 | 59% | 12 191 | 7 797 | 56% |
| Heavy duty (>16t) | 2 687 | 1 690 | 59% | 12 191 | 7 797 | 56% |
| Total Mack | 2 687 | 1 690 | 59% | 12 191 | 7 797 | 56% |
Renault
In May, 4,570 Renault branded trucks were delivered, a decline by 18% compared to the year-earlier period. The decrease was mainly due to lower deliveries of light-duty trucks.
In Western Europe, deliveries were down by 26% in May. Deliveries to markets in Eastern Europe held up better due to a good performance in Russia and declined in total by 6%.
The Medium-Heavy Duty ranges decreased by 2% in May, while Heavy-duty trucks declined 9% and Light-duty trucks decreased 40%.
Deliveries by market area:
| Delivered Units | May | Change | Year-to-date | Change | ||
| Renault | 2012 | 2011 | 2012 | 2011 | ||
| Europe | 3 494 | 4 615 | -24% | 16 767 | 21 139 | -21% |
| Western Europe | 3 057 | 4 152 | -26% | 14 933 | 19 109 | -22% |
| Eastern Europe | 437 | 463 | -6% | 1 834 | 2 030 | -10% |
| North America | 18 | 15 | 20% | 55 | 45 | 22% |
| South America | 98 | 31 | 216% | 433 | 292 | 48% |
| Asia | 388 | 521 | -26% | 1 531 | 2 204 | -31% |
| Other markets | 572 | 419 | 37% | 2 170 | 1 897 | 14% |
| Total Renault | 4 570 | 5 601 | -18% | 20 956 | 25 577 | -18% |
| Light duty (< 7t) | 1 097 | 1 843 | -40% | 5 961 | 7 960 | -25% |
| Medium duty (7-16t) | 741 | 754 | -2% | 3 086 | 3 408 | -9% |
| Heavy duty (>16t) | 2 732 | 3 004 | -9% | 11 909 | 14 209 | -16% |
| Total Renault | 4 570 | 5 601 | -18% | 20 956 | 25 577 | -18% |
UD
Deliveries of UD branded trucks in May totaled 1,889 units an increase by 44%
In Asia, deliveries totalled 1,402 units, an increase by 76%.
In Japan, 805 trucks were delivered in May, an increase by 124% compared with the year-earlier period. Deliveries in May 2011 were negatively affected by the disruption of parts supply caused by the earthquake disaster in Japan last year. The overall demand for vehicles with lower environmental impact increased this year because of the governmental subsidy program and tax break.
In South East Asia, deliveries totalled 512 units, an increase by 80%.
In Indonesia, deliveries totalled 378 units, an increase by 135%.
Deliveries by market area:
| Delivered Units | May | Change | Year-to-date | Change | ||
| UD | 2012 | 2011 | 2012 | 2011 | ||
| North America | 32 | 116 | -72% | 246 | 534 | -54% |
| South America | 19 | 15 | 27% | 69 | 76 | -9% |
| Asia | 1 402 | 795 | 76% | 7 130 | 5 249 | 36% |
| Other markets | 436 | 389 | 12% | 2 101 | 1 964 | 7% |
| Total UD | 1 889 | 1 315 | 44% | 9 546 | 7 823 | 22% |
| Light duty (< 7t) | 138 | 169 | -18% | 731 | 1 478 | -51% |
| Medium duty (7-16t) | 1 027 | 605 | 70% | 4 978 | 3 274 | 52% |
| Heavy duty (>16t) | 724 | 541 | 34% | 3 837 | 3 071 | 25% |
| Total UD | 1 889 | 1 315 | 44% | 9 546 | 7 823 | 22% |
Eicher
Deliveries of Eicher branded trucks in May decreased by 8% to 1,304 trucks compared to the same period last year.
Deliveries by market area:
| Delivered Units | May | Change | Year-to-date | Change | ||
| Eicher | 2012 | 2011 | 2012 | 2011 | ||
| Asia | 1 304 | 1 424 | -8% | 8 903 | 8 502 | 5% |
| Total Eicher | 1 304 | 1 424 | -8% | 8 903 | 8 502 | 5% |
| Light duty (< 7t) | 153 | 207 | -26% | 1 084 | 1 180 | -8% |
| Medium duty (7-16t) | 848 | 950 | -11% | 5 931 | 5 671 | 5% |
| Heavy duty (>16t) | 303 | 267 | 13% | 1 889 | 1 652 | 14% |
| Total Eicher | 1 304 | 1 424 | -8% | 8 903 | 8 502 | 5% |
Volvo Group represents 50% of the total production volume for Eicher.
June 18, 2012
Reporters who would like more information, please contact:
Media Relations
Volvo Group:
Mårten Wikforss, +46 705 59 11 49
Truck brands:
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.
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 June 18, 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
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