February 23, 2012

Volvo trucks’ deliveries rose 5 per cent for January 2012

Volvo Trucks’ deliveries for January rose 5 per cent to 6,822 trucks, compared with the year-earlier period.

In total, deliveries in Europe amounted to 2,961 trucks in January (up 6 per cent, year-on-year). In Western Europe the deliveries decreased
3 per cent due to continued uncertainty in terms of economic development.

In the Russian market, demand for trucks remained favourable and deliveries in January rose to 285 trucks, compared with 125 trucks in January 2011. As a whole, deliveries in Eastern Europe increased 39 per cent in January.

Deliveries in South America declined 18 per cent to 1,042 trucks in January due to tougher emission standards starting January 1, 2012, followed by lower demand and need for adapting production levels as planned.

In North America, January deliveries rose 15 per cent to 1,582 trucks year-on-year, despite the postponement of some deliveries due to a defective component supplied to Volvo and several other North American manufacturers. This impact is expected to continue in February, with recovery thereafter.  

Underlying demand remains at a good level, driven primarily by the need to replace the industry’s aging highway truck population. Volvo is continuing to win over new customers with the fuel economy and performance of its proprietary engines and I-Shift automated manual transmission.

Deliveries by market area: 

Delivered Units
Volvo Trucks
Change
Volvo Trucks
 Jan 2012
Jan 2011

Europe
2,961
2,805
6%
-       Western Europe
2,168
2,233
-3%
-       Eastern Europe
793
572
39%
North America
1,582
1,376
15%
South America
1,042
1,264
-18%
Asia
914
874
5%
Other markets
323
184
76%
Total Volvo Trucks
6,822
6,503
5%




Medium duty (7-16t)
139
130
7%
Heavy duty (>16t)
6,683
6,373
5%
Total Volvo Trucks
6,822
6,503
5%


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