Volvo Trucks deliveries in August were down by 59% compared with the year-earlier period and remained at a low level due to weak demand and extra vacation weeks.
Deliveries to the European markets decreased by 77% and North American deliveries were down by53%. The South American markets have been relatively strong in relation to the global economy. The demand for trucks in Brazil has also been boosted by tax incentives for new trucks and good access to financial credits in the bank system.
Mack deliveries in August totaled 755 vehicles, down 40% compared with the year-earlier period. Prevailing economic conditions continue to weigh heavily on the North American Class 8 market.
Deliveries from Renault Trucks in August decreased by 53% compared with the year-earlier period. In addition to low demand, deliveries were also affected by lower levels of production following this year’s extended vacation period.
Deliveries from Nissan Diesel in August totaled 1,556 units, which was a decrease of 60% compared with the year-earlier period.