Powered by Business Wire
Search Results for Topix.net

Volvo: Truck Deliveries in July 2014

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

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

Deliveries from the Volvo Group’s truck operations in July 2014 amounted to 15,410 vehicles. This was a decrease of 9% compared with the year-earlier month.

Volvo Group

Deliveries from the Volvo Group’s truck operations in July 2014 amounted to 15,410 vehicles. This was a decrease of 9% compared with the year-earlier month. On a regional basis July deliveries declined by 36% in South America and by 17% in Europe while deliveries increased by 21% in North America.

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

Delivered Units   July   Change   Year-to date   Change
Volvo Group 2014   2013   2014   2013  
Europe 5,606 6,767 -17% 41 000 41,683 -2%
Western Europe 4,399 5,262 -16% 31 776 32,655 -3%
Eastern Europe 1,207 1,505 -20% 9 224 9,028 2%
North America 4,786 3,943 21% 32 770 24,853 32%
South America 1,580 2,460 -36% 14 023 16,245 -14%
Asia 1,995 2,352 -15% 18 858 15,435 22%
Other markets 1,443 1,377 5% 9 827 9,083 8%
Total Volvo Group 15,410 16,899 -9% 116 478 107,299 9%
             
Light duty (< 7t) 1,506 1,318 14% 8 431 7,453 13%
Medium duty (7-16t) 1,034 1,369 -24% 8 636 9,253 -7%
Heavy duty (>16t) 12,870 14,212 -9% 99 411 90,593 10%
Total Volvo Group 15,410 16,899 -9% 116 478 107,299 9%
             
Non-consolidated operations            
Eicher (100%) 2,469 2,437 1% 17 745 20,026 -11%
DVT (100%) 8 10 -20% 37 145 -74%
Total Volumes 17,887 19,346 -8% 134 260 127,470 5%

Volvo

In July 8,616 Volvo trucks were delivered, a decrease of 13% compared with the same month last year.

In Europe 2,944 vehicles were delivered during July, down by 24% compared with July 2013. Deliveries in Eastern Europe were down by 27% mainly due to lower demand in Russia.

Demand in North America continued to be good and deliveries increased by 25% to 2,941 vehicles in comparison with the same period last year.

Deliveries in South America decreased to 1,446 trucks in July, a decrease of 36% compared with July 2013. The decrease is a consequence of lower demand as well as inventory reduction in the dealer channel.

Deliveries by market area:

Delivered Units   July   Change   Year-to-date   Change
Volvo 2014   2013   2014   2013  
Europe 2,944 3,878 -24% 24,211 22,880 6%
Western Europe 2,013 2,606 -23% 16,818 15,293 10%
Eastern Europe 931 1,272 -27% 7,393 7,587 -3%
North America 2,941 2,350 25% 19,463 13,857 40%
South America 1,446 2,270 -36% 12,890 14,452 -11%
Asia 834 974 -14% 7,145 6,758 6%
Other markets 451 487 -7% 3,565 3,133 14%
Total Volvo 8,616 9,959 -13% 67,274 61,080 10%
             
Medium duty (7-16t) 108 151 -28% 1,220 955 28%
Heavy duty (>16t) 8,508 9,808 -13% 66,054 60,125 10%
Total Volvo 8,616 9,959 -13% 67,274 61,080 10%

Mack

Deliveries for Mack in July totaled 1,988 vehicles, a 16% increase compared with July 2013.

Deliveries by market area:

Delivered Units   July   Change   Year-to-date   Change
Mack 2014   2013   2014   2013  
Europe         1 -100%
Western Europe         1  
Eastern Europe            
North America 1,825 1,564 17% 13,190 10,711 23%
South America 77 88 -13% 446 1,218 -63%
Asia 2 5 -60% 5 12 -58%
Other markets 84 58 45% 580 529 10%
Total Mack 1,988 1,715 16% 14,221 12,471 14%
             
Heavy duty (>16t) 1,988 1,715 16% 14,221 12,471 14%
Total Mack 1,988 1,715 16% 14,221 12,471 14%

Renault Trucks

In July 3,232 trucks were delivered by Renault Trucks. The deliveries of heavy duty trucks declined by 15% to 1,597 trucks in July compared with the year-earlier month while deliveries of light duty trucks increased to 1,344 trucks, up by 14%.

Deliveries by market area:

Delivered Units   July   Change   Year-to-date   Change
Renault Trucks 2014   2013   2014   2013  
Europe 2,662 2,889 -8% 16,789 18,802 -11%
Western Europe 2,386 2,656 -10% 14,958 17,361 -14%
Eastern Europe 276 233 18% 1,831 1,441 27%
North America 7 18 -61% 75 74 1%
South America 45 67 -33% 452 483 -6%
Asia 122 212 -42% 2,218 1,293 72%
Other markets 396 446 -11% 2,879 2,807 3%
Total Renault Trucks 3,232 3,632 -11% 22,413 23,459 -4%
             
Light duty (< 7t) 1,344 1,175 14% 7,565 6,716 13%
Medium duty (7-16t) 291 572 -49% 2,314 3,971 -42%
Heavy duty (>16t) 1,597 1,885 -15% 12,534 12,772 -2%
Total Renault Trucks 3,232 3,632 -11% 22,413 23,459 -4%

UD Trucks

In July 2014, UD Trucks delivered 1,574 trucks, which was a decrease by 1% compared to July last year.

Deliveries by market area:

Delivered Units   July   Change   Year-to-date   Change
UD Trucks 2014   2013   2014   2013  
North America 13 11 18% 42 211 -80%
South America 12 35 -66% 235 92 155%
Asia 1,037 1,161 -11% 9,490 7,372 29%
Other markets 512 386 33% 2,803 2,614 7%
Total UD Trucks 1,574 1,593 -1% 12,570 10,289 22%
             
Light duty (< 7t) 162 143 13% 866 737 18%
Medium duty (7-16t) 635 646 -2% 5,102 4,327 18%
Heavy duty (>16t) 777 804 -3% 6,602 5,225 26%
Total UD 1,574 1,593 -1% 12,570 10,289 22%
             
Non-consolidated operations        
DVT (100%) 8 10 -20% 37 145 -74%
Total volumes 1,582 1,603 -1% 12,607 10,434 21%

Eicher*

Eicher delivered 2,469 trucks in July which is approximately the same amount of trucks delivered in July 2013.

Deliveries by market area:

Delivered Units   July   Change   Year-to-date   Change
Eicher (100%) 2014   2013   2014   2013  
Asia 2,469 2,437 1% 17,745 20,026 -11%
Total Eicher 2,469 2,437 1% 17,745 20,026 -11%
             
Light duty (< 7t) 394 320 23% 2,920 2,686 9%
Medium duty (7-16t) 1,466 1,575 -7% 10,229 13,040 -22%
Heavy duty (>16t) 609 542 12% 4,596 4,300 7%
Total Eicher 2,469 2,437 1% 17,745 20,026 -11%

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

August 21, 2014

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

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 110,000 people, has production facilities in 19 countries and sells its products in more than 190 markets. In 2014 the Volvo Group’s sales amounted to about SEK 270 billion. The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone.

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 August 21, 2014.

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

Contacts

Reporters, who would like more information, please contact:
Volvo Group
Media Relations:
Kina Wileke, +46 31 323 72 29
or
Truck brands:
Renault Trucks, Fabrice Piombo, +33 472961220
Mack, Kim Pupillo, +1 336 393 2640
Volvo, Anders Vilhelmsson, +46 31 322 38 79
UD, Per Sundström, +81 80 40 64 92 33
or
Investor Relations:
AB Volvo
Christer Johansson, +46 31 661334
Patrik Stenberg, +46 31 661336
Anders Christensson, +46 31 661191