Volvo Group truck deliveries decline 4%
Nov 1, 2007 12:00 PM
Total deliveries of trucks from the Volvo Group's four truck companies through August 2007 amounted to 135,781, which is a decrease of 4% compared with the year-earlier period. Deliveries from Nissan Diesel only include the period April to August 2007. Excluding Nissan Diesel, deliveries amounted to 119,109, a decrease by 16% versus the year-earlier period.
Mack deliveries through August totaled 11,541, down 54% compared with the year-earlier period. As a result of the pre-buy in 2006, pre-US'07 trucks remaining in dealer inventories, weakness in the freight environment, and the downturn in the housing construction market, demand for heavy-duty trucks in North America continues to be low.
Renault Trucks deliveries through August totaled 47,758 trucks, down 7% versus the year-earlier period, due to the late replacement of the Renault Mascott that started in June.
Volvo Trucks' deliveries during the period January-August amounted to 59,810 vehicles, down 9% from the year-earlier period. In North America, 9,082 trucks were delivered, which is a decline of 62% compared with the preceding year. Deliveries rose 86% on markets in Eastern Europe. During the current period, the increase was 26% in South America and 20% in Asia.
Previously announced figures for Nissan Diesel in certain markets were double-reported for June and July. Correct figures are at www.volvo.com/investors/truck deliveries.
