Truck deliveries in August 2011
Total deliveries from the Volvo Group's truck operations in August
amounted to15,557 vehicles. This was an increase of 35% 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 August Change Year-to-Date
Change
Volvo Group 2011 2010 2011
2010
Europe 4 166 2 737 52% 60 175 35 587
69%
Western Europe 3 201 2 309 39% 48 640 30 858
58%
Eastern Europe 965 428 125% 11 535 4 729
144%
North America 3 096 1 973 57% 24 760 13 308
86%
South America 2 964 1 709 73% 18 969 13 442
41%
Asia 4 067 3 824 6% 33 883 33 514
1%
Other markets 1 264 1 239 2% 9 647 9 561
1%
Total Volvo Group 15 557 11 482 35% 147 434 105 412
40%
Light duty (< 7t) 1 236 1 340 -8% 16 195 15 726
3%
Medium duty (7-16t) 2 547 1 916 33% 21 113 19 538
8%
Heavy duty (>16t) 11 775 8 226 43% 110 127 70 148
57%
Total Volvo Group 15 557 11 482 35% 147 434 105 412
40%
Volvo Trucks
Volvo Trucks' deliveries in August rose 59% year-on-year. Delivery
increases were reported in all major markets.
Deliveries in Europe totaled 1,787 trucks, up 54% year-on-year. The
month of August has traditionally been characterized by somewhat lower
delivery activity due to the vacation period in Europe.
Truck deliveries in eastern Europe rose 100%. The trend inRussiaremained
highly positive and the number of deliveries in August increased 186% to
272 vehicles compared with August 2010.
The company continued to perform well in South America, where deliveries
in Brazil reached an all-time high in August. Deliveries also increased
for Volvo FH, Volvo FM and Volvo VM. Volvo Trucks maintained its
market-leading position in the heavy truck segment in Brazil. In total,
deliveries in South America rose 65% to 2,471 trucks compared with
August 2010.
Truck deliveries in the North American market increased 74% during
August to 2,105 vehicles, despite disruptions due to component shortages
in the industrial sector as a whole.
Deliveries by market area:
Delivered Units August Change Year-to-Date Change
Volvo Trucks 2011 2010 2011 2010
Europe 1 787 1 157 54% 28 582 15 619 83%
Western Europe 1 119 823 36% 20 184 12 335 64%
Eastern Europe 668 334 100% 8 398 3 284 156%
North America 2 105 1 210 74% 14 370 6 758 113%
South America 2 471 1 500 65% 16 381 11 844 38%
Asia 722 593 22% 8 050 5 804 39%
Other markets 508 328 55% 2 892 2 684 8%
Total Volvo Trucks 7 593 4 788 59% 70 275 42 709 65%
Medium duty (7-16t) 87 50 74% 1 165 1 153 1%
Heavy duty (>16t) 7 506 4 738 58% 69 110 41 556 66%
Total Volvo Trucks 7 593 4 788 59% 70 275 42 709 65%
Mack
Despite ongoing weakness in construction, Mack deliveries in August
totaled 1,365 vehicles, up 38% compared with the year-earlier period.
While the replacement demand that's been driving heavy-duty truck sales
continues, the industry is being challenged by production delays
resulting from component shortages.
Deliveries by market area:
Delivered Units August Change Year-to-Date Change
Mack 2011 2010 2011 2010
North America 891 736 21% 9 527 5 806 64%
South America 360 129 179% 1 792 1 135 58%
Asia 6 -100% 2 31 -94%
Other markets 114 115 -1% 718 629 14%
Total Mack 1 365 986 38% 12 039 7 601 58%
Medium Duty (7-16t) 1
Heavy duty (>16t) 1 365 986 38% 12 039 7 600 58%
Total Mack 1 365 986 38% 12 039 7 601 58%
Renault Trucks
Deliveries in August increased by 38% compared to same period last year.
In Europe 2,379 trucks were delivered in August, up 51% compared to the
year-earlier period. Also deliveries to markets in Asia and South
America showed good progress with increases of 93% and 136%
respectively.
Deliveries to other markets declined by 43%, marked by the political and
economic situation in North Africa and the Middle East, countries in
which the company is well established.
Deliveries by market area:
Delivered Units August Change Year-to-Date Change
Renault Trucks 2011 2010 2011 2010
Europe 2 379 1 580 51% 31 593 19 968 58%
Western Europe 2 082 1 486 40% 28 456 18 523 54%
Eastern Europe 297 94 216% 3 137 1 445 117%
North America 5 78 27 189%
South America 104 44 136% 626 314 99%
Asia 268 139 93% 2 986 1 761 70%
Other markets 231 402 -43% 2 780 3 538 -21%
Total Renault Trucks 2 987 2 165 38% 38 063 25 608 49%
Light duty (< 7t) 893 584 53% 12 393 8 379 48%
Medium duty (7-16t) 371 355 5% 4 988 4 763 5%
Heavy duty (>16t) 1 723 1 226 41% 20 682 12 466 66%
Total Renault Trucks 2 987 2 165 38% 38 063 25 608 49%
UD Trucks
Deliveries from UD Trucks in August amounted to 2,066 units, decreased
by 12% compared with the year-earlier period.
Deliveries in Asia amounted to 1,531 units, decreased by 19% compared
with the year-earlier period.
Deliveries in Japan amounted to 925 units, decreased by 26% compared
with the year-earlier period. This is due to the end of contract
manufacturing of light-duty trucks for Nissan Motor on January, 2011.
Excluding the light-duty trucks produced for Nissan Motor within the
collaboration framework in 2010 deliveries this year increased by 19 %.
Deliveries by market area:
Delivered Units August Change Year-to-Date Change
UD Trucks 2011 2010 2011 2010
North America 95 27 252% 785 717 9%
South America 29 36 -19% 170 149 14%
Asia 1 531 1 885 -19% 9 763 15 796 -38%
Other markets 411 394 4% 3 257 2 710 20%
Total UD Trucks 2 066 2 342 -12% 13 975 19 372 -28%
Light duty (< 7t) 161 640 -75% 2 025 6 155 -67%
Medium duty (7-16t) 1 051 618 70% 6 198 6 119 1%
Heavy duty (>16t) 854 1 084 -21% 5 752 7 098 -19%
Total UD Trucks 2 066 2 342 -12% 13 975 19 372 -28%
Eicher
Deliveries from Eicher in August totalled 1,547 trucks, up 29% compared
to the year earlier period.
Deliveries by market area:
Delivered Units August Change Year-to-Date Change
Eicher 2011 2010 2011 2010
Asia 1 547 1 201 29% 13 083 10 123 29%
Total Eicher 1 547 1 201 29% 13 083 10 123 29%
Light duty (< 7t) 182 116 56% 1 777 1 192 49%
Medium duty (7-16t) 1 038 893 16% 8 762 7 502 17%
Heavy duty (>16t) 327 192 70% 2 544 1 429 78%
Total Eicher 1 547 1 201 29% 13 083 10 123 29%
Volvo Group represents 50% of the total production volume for Eicher.
September 15, 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:
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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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 September 15, 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
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Truck deliveries in August 2011
| Source: Volvo, AB
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