Volvo: Truck Deliveries in April 2014

Deliveries from the Volvo Group’s truck operations in April 2014 amounted to 16,354 vehicles. This was a decrease of 1% compared with the year-earlier month.

GÖTEBORG, Sweden--()--Regulatory News:

Volvo Group (STO:VOLVA)(STO:VOLVB):

Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD Trucks and Eicher):

Delivered Units   April   Change   Year-to date   Change
Volvo Group 2014   2013   2014   2013  
Europe 5 814 6 334 -8% 22 402 21 550 4%
Western Europe 4 548 4 944 -8% 17 215 16 936 2%
Eastern Europe 1 266 1 390 -9% 5 187 4 614 12%
North America 4 813 4 237 14% 17 814 11 944 49%
South America 1 772 2 511 -29% 8 217 8 552 -4%
Asia 2 410 2 121 14% 10 636 8 131 31%
Other markets 1 545 1 369 13% 5 130 4 811 7%
Total Volvo Group 16 354 16 572 -1% 64 199 54 988 17%
             
Light duty (< 7t) 1 180 1 155 2% 3 761 4 016 -6%
Medium duty (7-16t) 1 233 1 245 -1% 4 723 4 900 -4%
Heavy duty (>16t) 13 941 14 172 -2% 55 715 46 072 21%
Total Volvo Group 16 354 16 572 -1% 64 199 54 988 17%
             
Non-consolidated operations            
Eicher (100%) 2 348 2 741 -14% 10 015 12 836 -22%
DVT (100%) 8 23 -65% 17 77 -78%
Total Volumes 18 710 19 336 -3% 74 231 67 901 9%

Volvo

In April 9,365 Volvo trucks were delivered, a decrease of 2% compared with the same month last year.

In Europe 3,504 vehicles were delivered during April, up by 3% compared with April 2013.

Demand in North America continued to be good and deliveries increased by 17% to 2,760 vehicles in comparison with the same period last year. Production will moderately increase at the end of the second quarter to meet increased demand.

April deliveries in South America decreased by 30% to 1,595 trucks compared with April 2013. The decrease is a consequence of lower demand as well as inventory reduction in the dealer channel. Production rates in Brazil have been reduced during the second quarter.

Deliveries by market area:

Delivered Units   April   Change   Year-to-date   Change
Volvo 2014   2013   2014   2013  
Europe 3 504 3 394 3% 13 966 11 381 23%
Western Europe 2 479 2 169 14% 9 665 7 509 29%
Eastern Europe 1 025 1 225 -16% 4 301 3 872 11%
North America 2 760 2 350 17% 10 445 6 323 65%
South America 1 595 2 279 -30% 7 693 7 576 2%
Asia 935 1 051 -11% 3 880 3 701 5%
Other markets 571 488 17% 2 122 1 642 29%
Total Volvo 9 365 9 562 -2% 38 106 30 623 24%
             
Medium duty (7-16t) 239 142 68% 671 461 46%
Heavy duty (>16t) 9 126 9 420 -3% 37 435 30 162 24%
Total Volvo 9 365 9 562 -2% 38 106 30 623 24%

Mack

Deliveries for Mack in April totaled 2,177 vehicles, a 4 percent increase compared with April 2013. Production will be moderately increased at the end of the second quarter to meet increased demand.

Deliveries by market area:

Delivered Units   April   Change   Year-to-date   Change
Mack 2014   2013   2014   2013  
Europe - - - - 1 -100%
Western Europe - - - - 1 -100%
Eastern Europe - - - - - -
North America 2 034 1 848 10% 7 326 5 406 36%
South America 68 152 -55% 218 707 -69%
Asia 3 6 -50% 3 6 -50%
Other markets 72 90 -20% 280 295 -5%
Total Mack 2 177 2 096 4% 7 827 6 415 22%
             
Heavy duty (>16t) 2 177 2 096 4% 7 827 6 415 22%
Total Mack 2 177 2 096 4% 7 827 6 415 22%

Renault Trucks

In April 3,338 trucks were delivered by Renault Trucks which was a decrease by 6% compared to a year ago.

Deliveries by market area:

Delivered Units   April   Change   Year-to-date   Change
Renault Trucks 2014   2013   2014   2013  
Europe 2 310 2 940 -21% 8 436 10 168 -17%
Western Europe 2 069 2 775 -25% 7 550 9 426 -20%
Eastern Europe 241 165 46% 886 742 19%
North America 18 9 100% 32 31 3%
South America 52 66 -21% 179 232 -23%
Asia 481 181 166% 1 065 633 68%
Other markets 477 372 28% 1 321 1 391 -5%
Total Renault Trucks 3 338 3 568 -6% 11 033 12 455 -11%
             
Light duty (< 7t) 1 104 1 047 5% 3 361 3 588 -6%
Medium duty (7-16t) 319 569 -44% 1 173 2 184 -46%
Heavy duty (>16t) 1 915 1 952 -2% 6 499 6 683 -3%
Total Renault Trucks 3 338 3 568 -6% 11 033 12 455 -11%

UD Trucks

In April 2014, UD Trucks delivered 1,474 trucks, which was an increase by 10% compared to April last year.

Deliveries by market area:

Delivered Units   April   Change   Year-to-date   Change
UD Trucks 2014   2013   2014   2013  
North America 1 30 -97% 11 184 -94%
South America 57 14 307% 127 37 243%
Asia 991 883 12% 5 688 3 791 50%
Other markets 425 419 1% 1 407 1 483 -5%
Total UD Trucks 1 474 1 346 10% 7 233 5 495 32%
             
Light duty (< 7t) 76 108 -30% 400 428 -7%
Medium duty (7-16t) 675 534 26% 2 879 2 255 28%
Heavy duty (>16t) 723 704 3% 3 954 2 812 41%
Total UD 1 474 1 346 10% 7 233 5 495 32%
       
Non-consolidated operations      
DVT (100%) 8 23 -65% 17 77 -78%
Total volumes 1 482 1 369 8% 7 250 5 572 30%

Eicher*

Deliveries of Eicher trucks in April decreased by 14% to 2,348 trucks compared to the same month last year.

Deliveries by market area:

Delivered Units   April   Change   Year-to-date   Change
Eicher (100%)                
Asia 2 348 2 741 -14% 10 015 12 836 -22%
Total Eicher 2 348 2 741 -14% 10 015 12 836 -22%
             
Light duty (< 7t) 380 404 -6% 1 715 1 606 7%
Medium duty (7-16t) 1 175 1 764 -33% 5 642 8 375 -33%
Heavy duty (>16t) 793 573 38% 2 658 2 855 -7%
Total Eicher 2 348 2 741 -14% 10 015 12 836 -22%

*As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group

May 21, 2014

For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews

AB Volvo (publ) may be 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 May 21, 2014.

This information was brought to you by Cision http://news.cision.com

Contacts

Media Relations Volvo Group:
Karin Wik, +31 66 12 32
or
Truck brands:
Renault Trucks
Fabrice Piombo, +33 472961220
or
Mack
Kim Pupillo, +1 336 393 2640
or
Volvo
Anders Vilhelmsson, +46 31 322 38 79
or
UD
Per Sundström, +81 80 40 64 92 33
or
Investor Relations:
AB Volvo
Christer Johansson, +46 31 661334
or
Volvo Group North America,
John Hartwell, +1 201-252-8844

Sharing

Contacts

Media Relations Volvo Group:
Karin Wik, +31 66 12 32
or
Truck brands:
Renault Trucks
Fabrice Piombo, +33 472961220
or
Mack
Kim Pupillo, +1 336 393 2640
or
Volvo
Anders Vilhelmsson, +46 31 322 38 79
or
UD
Per Sundström, +81 80 40 64 92 33
or
Investor Relations:
AB Volvo
Christer Johansson, +46 31 661334
or
Volvo Group North America,
John Hartwell, +1 201-252-8844