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Truck deliveries January-July 2007

Total deliveries of trucks from the Volvo Group’s four truck companies through July this year amounted to 124,370, which is a decrease of 4%, compared with the year-earlier period. Deliveries from Nissan Diesel only include the period April to July 2007. Excluding Nissan Diesel, deliveries amounted to 108,559, a decrease by 16%, compared with the year-earlier period.
Truck deliveries July 2007
Total deliveries by market for the Volvo Group’s truck companies (Mack, Nissan Diesel, Renault Trucks and Volvo Trucks):

Delivered Units

Year-to-Date

Change

Volvo Group

2007

2006

 

Europe

71 388

68 663

4%

    Western Europe

56 654

59 116

-4%

    Eastern Europe

14 734

9 547

54%

North America

16 643

41 954

-60%

South America

7 881

6 612

19%

Asia

18 674

6 686

179%

    Middle East

5 835

4 371

33%

    Other Asia

12 839

2 315

455%

Other markets

9 784

5 739

70%

Total Volvo Group

124 370

129 654

-4%

Historical truck deliveries for Nissan Diesel are available on: www.volvo.com -> investors -> truck deliveries.

Mack
Deliveries through July totaled 10,105, down 55% compared with the year-earlier period. As a result of the pre-buy in 2006, the significant number of pre-US’07 trucks remaining in dealer inventories, lower freight volumes so far this year, and weakness in the housing market, demand for heavy-duty trucks in North America continues to be low. Mack deliveries also remain impacted by the production disruptions associated with the transition to US’07 products and internal industrial optimization. While there have been delays in deliveries, customer response to the performance of the US’07 Mack trucks, particularly the new Mack MP series of engines, continues to be very positive.    
  
Deliveries by market area:

Delivered Units

Year-to-Date

Change

Mack

2007

2006

 

Europe

 

 

 

    Western Europe

 

 

 

    Eastern Europe

 

 

 

North America

7 555

19 790

-62%

South America

1 609

1 683

-4%

Asia

122

67

82%

    Middle East

108

66

64%

    Other Asia

14

1

1300%

Other markets

819

724

13%

Total Mack

10 105

22 264

-55%

Renault Trucks
Deliveries through July totaled 44,196 trucks, down 7% compared with the year-earlier period, still due to lack of the light duty truck Renault Mascott in Euro 4 version until June this year. So far this year, about 1,400 Renault Mascott have been delivered, compared to 8,400 last year. Excluding Renault Mascott, deliveries from Renault Trucks increased by 10%.

Deliveries by market area:

Delivered Units

Year-to-Date

Change

Renault Trucks

2007

2006

 

Europe

38 111

40 667

-6%

    Western Europe

33 335

36 543

-9%

    Eastern Europe

4 776

4 124

16%

North America

280

430

-35%

South America

655

765

-14%

Asia

2 361

2 408

-2%

    Middle East

2 126

2 189

-3%

    Other Asia

235

219

7%

Other markets

2 789

3 052

-9%

Total Renault Trucks

44 196

47 322

-7%

Volvo Trucks
Volvo Trucks’ deliveries during the period January-July amounted to 54,258 vehicles, down 10% compared with the year-earlier period. In markets outside North America, deliveries increased by 21%. The strong trend continues in Eastern Europe, where the increase for the period was a full 84%. The increase in other market areas in various parts of the world shows that demand for transportation is currently very strong. South America rose by 24% and Asia by 21%.
The sharp decrease in North America is attributable in part to weak demand during the first two quarters of 2007, after the new exhaust rules became effective on January 1, 2007. Deliveries were also affected by production disruptions at the US plant in New River Valley, Virginia, in connection to the introduction of trucks with the new engine generation and an internal industrial optimization.

Deliveries by market area: 

Delivered Units

Year-to-Date

Change

Volvo Trucks

2007

2006

 

Europe

33 277

27 996

19%

    Western Europe

23 319

22 573

3%

    Eastern Europe

9 958

5 423

84%

North America

7 903

21 734

-64%

South America

5 184

4 164

24%

Asia

5 077

4 211

21%

    Middle East

2 672

2 116

26%

    Other Asia

2 405

2 095

15%

Other markets

2 817

1 963

44%

Total Volvo Trucks

54 258

60 068

-10%

Nissan Diesel
Nissan Diesels deliveries during the period April-July amounted to 15,811 vehicles.
Historical truck deliveries for Nissan Diesel are available on:
http://www.volvo.com/group/global/en-gb/investors/deliveries_market_shares/

Delivered Units

April 1-to-Date

Change

Nissan Diesel

2007

2006

 

Europe

0

-

                       n.a

    Western Europe

0

-

                       n.a

    Eastern Europe

0

-

                       n.a

North America

905

-

                       n.a

South America

433

-

                       n.a

Asia

11 114

-

                       n.a

    Middle East

929

-

                       n.a

    Other Asia

10 185

-

                       n.a

Other markets

3 359

-

                      n.a

Total Nissan Diesel

15 811

 

 

August 30, 2007

For reporters who want more information, please contact

Media Relations:
Bernard Lancelot, Renault Trucks, +33 (0)4 72 96 58 89
John Walsh, Mack, +1 610 7092560
Claes Claeson, Volvo Trucks, +46 31-66 39 08

Investor Relations:
Christer Johansson, AB Volvo, +46 31 66 13 34
Patrik Stenberg, AB Volvo, +46 31 66 13 36