Volvo Truck deliveries in November 2012

24-12-2012 — /europawire.eu/ — Total deliveries from the Volvo Group’s truck operations in November 2012 amounted to 19,104 vehicles. This was a decrease of 15% compared with the year-earlier month.

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

Delivered Units	November		Change	Year-to-date		Change
Volvo Group	2012	2011		2012	2011
Europe	7 406	8 552	-13%	76 735	86 076	-11%
Western Europe	5 697	6 693	-15%	58 214	68 737	-15%
Eastern Europe	1 709	1 859	-8%	18 521	17 339	7%
North America	3 510	4 839	-27%	44 142	37 824	17%
South America	2 252	2 545	-12%	21 500	26 355	-18%
Asia	4 357	5 153	-15%	46 537	50 071	-7%
Other markets	1 579	1 351	17%	15 834	13 904	14%
Total Volvo Group	19 104	22 440	-15%	204 748	214 230	-4%

Light duty (< 7t)	1 519	1 801	-16%	16 751	22 022	-24%
Medium duty (7-16t)	2 634	3 120	-16%	30 245	31 159	-3%
Heavy duty (>16t)	14 952	17 520	-15%	157 753	161 050	-2%
Total Volvo Group	19 104	22 440	-15%	204 748	214 230	-4%

Volvo
Deliveries of Volvo branded trucks in November decreased by 17% to 9,446 vehicles compared with the same month last year.

In Europe, deliveries decreased by 13% to 3,835 trucks in total compared to November last year. The current slowdown in economic activity and uncertainty about the future business climate in the region is clearly having a negative impact on demand for trucks. Production of Volvo trucks in Europe has been lowered by removing shifts and using stop days for the remainder of the year to meet the lower demand.

November deliveries in Asia amounted to 1,132 units in total, a decrease of 19% compared to the same month last year.

November deliveries in North America decreased 24% to 2,243 vehicles in comparison with the same period last year. Concerns about the economy continued to affect the market, and a combination of stop days and rate reduction is being implemented to align production with demand.

Deliveries for South America decreased 21% in November compared with the same month last year. The decrease was primarily driven by lagging effects of the sluggish economy, but government stimulus efforts in Brazil are having an impact, and demand continues to improve.

Deliveries by market area:

Delivered Units	November		Change	Year-to-date		Change
Volvo	2012	2011		2012	2011
Europe	3 835	4 418	-13%	39 103	41 694	-6%
Western Europe	2 530	3 059	-17%	25 235	29 063	-13%
Eastern Europe	1 305	1 359	-4%	13 868	12 631	10%
North America	2 243	2 959	-24%	23 884	22 539	6%
South America	1 712	2 159	-21%	17 571	22 595	-22%
Asia	1 132	1 406	-19%	10 116	12 398	-18%
Other markets	524	407	29%	5 416	4 238	28%
Total Volvo	9 446	11 349	-17%	96 090	103 464	-7%

Medium duty (7-16t)	137	217	-37%	1 576	1 738	-9%
Heavy duty (>16t)	9 309	11 132	-16%	94 514	101 726	-7%
Total Volvo	9 446	11 349	-17%	96 090	103 464	-7%

Mack
Deliveries for Mack in November totaled 1,712 vehicles, a 24% decrease compared with November 2011. North American delivery volumes were impacted by fewer production days, and ongoing market concerns about the potential for a “fiscal cliff.”

Deliveries by market area:

Delivered Units	November		Change	Year-to-date		Change
Mack	2012	2011		2012	2011
Europe	1	52	-98%	45	99	-55%
Western Europe
Eastern Europe	1	52	-98%	45	99	-55%
North America	1 243	1 774	-30%	19 697	14 092	40%
South America	387	315	23%	2 669	2 654	1%
Asia				30	7	329%
Other markets	81	113	-28%	1 029	1 000	3%
Total Mack	1 712	2 254	-24%	23 470	17 852	31%

Heavy duty (>16t)	1 712	2 254	-24%	23 470	17 852	31%
Total Mack	1 712	2 254	-24%	23 470	17 852	31%

Renault Trucks
In November, 4,609 Renault branded trucks were delivered, a decrease of 11% compared to the year-earlier month.

The current slowdown in economic activity and uncertainty about the future business climate in Europe is clearly having a negative impact on demand for trucks. The weakening market conditions in Southern Europe and France continues. As a consequence, the production of Renault trucks in Europe has been adjusted downwards to meet the lower demand and, in addition, as from November 22 short-term weeks have been introduced in plants producing Renault trucks.

Deliveries by market area:

Delivered Units	November		Change	Year-to-date		Change
Renault Trucks	2012	2011		2012	2011
Europe	3 570	4 082	-13%	37 587	44 283	-15%
Western Europe	3 167	3 634	-13%	32 979	39 674	-17%
Eastern Europe	403	448	-10%	4 608	4 609	0%
North America	21	43	-51%	129	164	-21%
South America	153	61	151%	1 127	855	32%
Asia	357	527	-32%	3 551	4 247	-16%
Other markets	508	444	14%	5 112	4 067	26%
Total Renault Trucks	4 609	5 157	-11%	47 506	53 616	-11%

Light duty (< 7t)	1 142	1 482	-23%	12 741	17 071	-25%
Medium duty (7-16t)	621	802	-23%	6 682	7 194	-7%
Heavy duty (>16t)	2 846	2 873	-1%	28 083	29 351	-4%
Total Renault Trucks	4 609	5 157	-11%	47 506	53 616	-11%

UD
Deliveries from UD Trucks in November totaled 1,777 units, a decline of 19%.
The decline is mainly a consequence of a 21% weakening in the Japanese market after the incentives to buy new trucks were ended in July. However, Other markets improved by 20% mainly due to increased demand for construction trucks in South Africa.

Deliveries by market area:

Delivered Units	November		Change	Year-to-date		Change
UD	2012	2011		2012	2011
North America	3	63	-95%	432	1 029	-58%
South America		10	-100%	133	251	-47%
Asia	1 308	1 730	-24%	15 080	14 977	1%
Other markets	466	387	20%	4 277	4 599	-7%
Total UD	1 777	2 190	-19%	19 922	20 856	-4%

Light duty (< 7t)	187	147	27%	1 865	2 521	-26%
Medium duty (7-16t)	782	1 068	-27%	10 010	9 757	3%
Heavy duty (>16t)	808	975	-17%	8 047	8 578	-6%
Total UD	1 777	2 190	-19%	19 922	20 856	-4%

Eicher
Deliveries of Eicher branded trucks in November increased by 5% to 1,560 trucks compared to the same month last year.

Deliveries by market area:

Delivered Units	November		Change	Year-to-date		Change
Eicher	2012	2011		2012	2011
Asia	1 560	1 491	5%	17 760	18 443	-4%
Total Eicher	1 560	1 491	5%	17 760	18 443	-4%

Light duty (< 7t)	190	172	10%	2 145	2 430	-12%
Medium duty (7-16t)	1 094	1 033	6%	11 977	12 470	-4%
Heavy duty (>16t)	277	286	-3%	3 639	3 544	3%
Total Eicher	1 560	1 491	5%	17 760	18 443	-4%

Volvo Group represents 50% of the total production volume for Eicher.

December 19, 2012

Also visit Truck deliveries at VolvoGroup.com >>

Reporters who would like more information, please contact:

Media Relations

Volvo Group:
Kina Wileke, +46 739-02 55 44

Truck brands:
Renault Trucks, Charlotte Roudovski, +33 4 72 96 29 76
Mack, Kim Pupillo, +1 336 393 2640
Volvo, Anders Vilhelmsson, +46 31 3223879
UD, Per Sundström, +81 80 40 64 92 33

Investor Relations:
Christer Johansson, AB Volvo, +46 739 02 25 22
Patrik Stenberg, AB Volvo, +46 31 66 13 36
John Hartwell, Volvo Group North America, +1 201-252-8844