Truck deliveries in November 2013
Deliveries from the Volvo Group’s truck operations in November 2013 amounted to 20,356 vehicles. This was an increase of 16% compared with the year-earlier month.
Productivity in the European industrial system is currently hampered by parallel production of both old and new generations of trucks.
Volvo Group
Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD and Eicher):
| Delivered Units | November | Change | Year-to date | Change | ||
| Volvo Group | 2013 | 2012* | 2013 | 2012 | ||
| Europe | 9 064 | 7 406 | 22% | 71 885 | 76 735 | -6% |
| Western Europe | 7 065 | 5 697 | 24% | 56 101 | 58 214 | -4% |
| Eastern Europe | 1 999 | 1 709 | 17% | 15 784 | 18 521 | -15% |
| North America | 4 182 | 3 510 | 19% | 41 021 | 44 142 | -7% |
| South America | 2 898 | 2 252 | 29% | 26 712 | 21 500 | 24% |
| Asia | 2 768 | 2 783 | -1% | 25 822 | 28 571 | -10% |
| Other markets | 1 444 | 1 579 | -9% | 14 474 | 15 834 | -9% |
| Total Volvo Group | 20 356 | 17 530 | 16% | 179 914 | 186 782 | -4% |
| Light duty (< 7t) | 1 366 | 1 329 | 3% | 12 083 | 14 606 | -17% |
| Medium duty (7-16t) | 1 667 | 1 540 | 8% | 15 164 | 18 268 | -17% |
| Heavy duty (>16t) | 17 323 | 14 661 | 18% | 152 667 | 153 908 | -1% |
| Total Volvo Group | 20 356 | 17 530 | 16% | 179 914 | 186 782 | -4% |
| Non-consolidated operations | ||||||
| Eicher (100%) | 1 864 | 3 120 | -40% | 29 114 | 35 520 | -18% |
| DND (100%) | 14 | 28 | -50% | 199 | 412 | -52% |
| Total Volumes | 22 234 | 20 678 | 8% | 209 227 | 222 714 | -6% |
*Restated for new accounting rules, effective January 1, 2013, where 50/50 joint-ventures are consolidated using the equity method instead of the proportionate method.
Volvo
In November 12,332 Volvo trucks were delivered, an increase of 31% compared with the same month last year.
In Europe 5,323 vehicles were delivered during November, up by 39% compared with November 2012. An extensive product renewal is under way with five new truck models; Volvo FH, Volvo FM, Volvo FMX, Volvo FE and Volvo FL.
First quarter production rates in Europe will be adjusted to reflect lower demand, which is a consequence of customers having pre-bought trucks ahead of a more stringent emission regulation coming into force 1 January 2014.
November deliveries in North America increased 17% to 2,630 vehicles in comparison with the same period last year.
November deliveries in South America increased 57% to 2,689 trucks compared with November 2012.
Deliveries by market area:
| Delivered Units | November | Change | Year-to-date | Change | ||
| Volvo | 2013 | 2012 | 2013 | 2012 | ||
| Europe | 5 323 | 3 835 | 39% | 40 504 | 39 103 | 4% |
| Western Europe | 3 673 | 2 530 | 45% | 27 390 | 25 235 | 9% |
| Eastern Europe | 1 650 | 1 305 | 26% | 13 114 | 13 868 | -5% |
| North America | 2 630 | 2 243 | 17% | 23 596 | 23 884 | -1% |
| South America | 2 689 | 1 712 | 57% | 23 966 | 17 571 | 36% |
| Asia | 1 126 | 1 132 | -1% | 10 918 | 10 116 | 8% |
| Other markets | 564 | 524 | 8% | 5 038 | 5 416 | -7% |
| Total Volvo | 12 332 | 9 446 | 31% | 104 022 | 96 090 | 8% |
| Medium duty (7-16t) | 237 | 137 | 73% | 1 622 | 1 576 | 3% |
| Heavy duty (>16t) | 12 095 | 9 309 | 30% | 102 400 | 94 514 | 8% |
| Total Volvo | 12 332 | 9 446 | 31% | 104 022 | 96 090 | 8% |
Mack
November deliveries of Mack trucks were on a similar level as last year and reached 1,718 trucks.
Deliveries by market area:
| Delivered Units | November | Change | Year-to-date | Change | ||
| Mack | 2013 | 2012 | 2013 | 2012 | ||
| Europe | 1 | -100% | 1 | 45 | -98% | |
| Western Europe | 1 | |||||
| Eastern Europe | 1 | -100% | 45 | -100% | ||
| North America | 1 527 | 1 243 | 23% | 17 006 | 19 697 | -14% |
| South America | 110 | 387 | -72% | 1 796 | 2 669 | -33% |
| Asia | #DIV/0! | 14 | 30 | -53% | ||
| Other markets | 81 | 81 | 874 | 1 029 | -15% | |
| Total Mack | 1 718 | 1 712 | 0% | 19 691 | 23 470 | -16% |
| Heavy duty (>16t) | 1 718 | 1 712 | 0% | 19 691 | 23 470 | -16% |
| Total Mack | 1 718 | 1 712 | 0% | 19 691 | 23 470 | -16% |
Renault Trucks
In November 4,569 trucks were delivered by Renault Trucks which was a decrease by 1% compared to a year ago. In Eastern Europe, deliveries were down by 13%
Renault Trucks is currently introducing a completely new truck program, with four different truck series; the T-series for long haulage, the C-series for construction, the K-series for heavy construction and the D-series for distribution.
Renault Trucks’ new ranges have had a positive reception from both customers and dealers. However, production of the new trucks has just started and demonstration trucks are currently being delivered to customers, who will test their performance over a period of time before placing further orders. Consequently, overall order intake for Renault is currently low as no more orders are taken for Europe on the old generation and order intake is yet to pick-up on the new generation of trucks. Production rates for the first quarter will be adjusted significantly downwards to reflect lower demand.
Deliveries by market area:
| Delivered Units | November | Change | Year-to-date | Change | ||
| Renault Trucks | 2013 | 2012 | 2013 | 2012 | ||
| Europe | 3 741 | 3 570 | 5% | 31 380 | 37 587 | -17% |
| Western Europe | 3 392 | 3 167 | 7% | 28 710 | 32 979 | -13% |
| Eastern Europe | 349 | 403 | -13% | 2 670 | 4 608 | -42% |
| North America | 24 | 21 | 14% | 182 | 129 | 41% |
| South America | 70 | 153 | -54% | 783 | 1 127 | -31% |
| Asia | 297 | 357 | -17% | 2 002 | 3 551 | -44% |
| Other markets | 437 | 508 | -14% | 4 458 | 5 112 | -13% |
| Total Renault Trucks | 4 569 | 4 609 | -1% | 38 805 | 47 506 | -18% |
| Light duty (< 7t) | 1 186 | 1 142 | 4% | 10 683 | 12 741 | -16% |
| Medium duty (7-16t) | 793 | 621 | 28% | 6 255 | 6 682 | -6% |
| Heavy duty (>16t) | 2 590 | 2 846 | -9% | 21 867 | 28 083 | -22% |
| Total Renault Trucks | 4 569 | 4 609 | -1% | 38 805 | 47 506 | -18% |
UD
In November 2013, UD Trucks delivered 1,737 trucks, which was a decrease of 1% compared to November last year.
Deliveries by market area:
| Delivered Units | November | Change | Year-to-date | Change | ||
| UD | 2013 | 2012* | 2013 | 2012 | ||
| North America | 1 | 3 | -67% | 237 | 432 | -45% |
| South America | 29 | #DIV/0! | 167 | 133 | 26% | |
| Asia | 1 345 | 1 294 | 4% | 12 888 | 14 874 | -13% |
| Other markets | 362 | 466 | -22% | 4 104 | 4 277 | -4% |
| Total UD | 1 737 | 1 763 | -1% | 17 396 | 19 716 | -12% |
| Light duty (< 7t) | 180 | 187 | -4% | 1 400 | 1 865 | -25% |
| Medium duty (7-16t) | 637 | 782 | -19% | 7 287 | 10 010 | -27% |
| Heavy duty (>16t) | 920 | 794 | 16% | 8 709 | 7 841 | 11% |
| Total UD | 1 737 | 1 763 | -1% | 17 396 | 19 716 | -12% |
| Non-consolidated operations | ||||||
| DND (100%) | 14 | 28 | -50% | 199 | 412 | -52% |
| Total volumes | 1 751 | 1 791 | -2% | 17 595 | 20 128 | -13% |
*Restated for new accounting rules, effective January 1, 2013, where 50/50 joint-ventures are consolidated using the equity method instead of the proportionate method.
Eicher*
Deliveries of Eicher trucks in November decreased by 40% to 1,864 trucks compared to the same month last year.
Deliveries by market area:
| Delivered Units | November | Change | Year-to-date | Change | ||
| Eicher (100%) | ||||||
| Asia | 1 864 | 3 120 | -40% | 29 114 | 35 520 | -18% |
| Total Eicher | 1 864 | 3 120 | -40% | 29 114 | 35 520 | -18% |
| Light duty (< 7t) | 310 | 379 | -18% | 4 108 | 4 289 | -4% |
| Medium duty (7-16t) | 1 218 | 2 188 | -44% | 18 669 | 23 953 | -22% |
| Heavy duty (>16t) | 336 | 553 | -39% | 6 337 | 7 278 | -13% |
| Total Eicher | 1 864 | 3 120 | -40% | 29 114 | 35 520 | -18% |
*As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group
December 18, 2013
Reporters, who would like more information, please contact:
Media Relations
Volvo Group:
Karin Wik, +46 765-53 10 20
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 31 661334
Patrik Stenberg, AB Volvo, +46 31 661336
Anders Christensson, AB Volvo, +46 31 661191
John Hartwell, Volvo Group North America, +1 201-252-8844
For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews.
AB Volvo (publ) November is 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 December 18, 2013.
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