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Truck deliveries January-May 2007

Total deliveries of trucks from the Volvo Group’s four truck companies, including Nissan Diesel, through May this year amounted to 82,865, which is a decrease of 10%, compared with the year-earlier period. Deliveries from Nissan Diesel only include the period April to May 2007, since the company was consolidated as of April 1, 2007. Excluding Nissan Diesel, deliveries amounted to 76,635, a decrease by 17%, compared with the year-earlier period.
truck_deliveries_142x88.jpg
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

50 099

49 795

1%

    Western Europe

39 891

43 172

-8%

    Eastern Europe

10 208

6 623

54%

North America

12 220

29 678

-59%

South America

5 398

4 123

31%

Asia

9 033

4 731

91%

    Middle East

3 880

3 084

26%

    Other Asia

5 153

1 647

213%

Other markets

6 115

4 054

51%

Total Volvo Group

82 865

92 381

-10%

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

Mack
Deliveries through May totaled 7,179, down 55% compared with the year-earlier period. The slowdown is attributable to the expected temporary decline driven by new emission regulations which became effective on January 1, 2007.

Deliveries by market area:

Delivered Units

Year-to-Date

Change

Mack

2007

2006

 

North America

5 433

14 412

-62%

South America

1 123

1 137

-1%

Asia

61

22

177%

    Middle East

57

21

171%

    Other Asia

4

1

300%

Other markets

562

483

16%

Total Mack

7 179

16 054

-55%

Renault Trucks
Deliveries through May totalled 30,657 trucks, down 9% compared with the year-earlier period. This still takes into account the non availability of the Renault Mascott Euro 4 which is due for deliveries at mid year. This represents a loss of 5,500 units. Nevertheless the new model, Renault Maxity, complementing the delivery range shows satisfactory development of almost 2,400 units sold after being put on the market in March.

Deliveries by market area:

Delivered Units

Year-to-Date

Change

Renault Trucks

2007

2006

 

Europe

26 460

29 595

-11%

    Western Europe

23 187

26 765

-13%

    Eastern Europe

3 273

2 830

16%

North America

195

230

-15%

South America

449

217

107%

Asia

1 710

1 639

4%

    Middle East

1 550

1 503

3%

    Other Asia

160

136

18%

Other markets

1 843

2 130

-13%

Total Renault Trucks

30 657

33 811

-9%

Volvo Trucks
Volvo Trucks’ deliveries during the period January-May amounted to 38,799 vehicles, down 9% compared with the year-earlier period. Deliveries increased in all markets, with the exception of North America. The largest individual increase was noted for Volvo Trucks in Eastern Europe, where deliveries during the period rose by a full 83% to 6,935 trucks (3,793).

The South American market for heavy trucks is displaying an ascending trend and deliveries rose 30%. Asia, including the Middle East, also showed strong demand and truck deliveries there rose by 14%.

The total decrease in Volvo Trucks’ sales was fully attributable to the expected temporary decline in North America, where new emission regulations became effective on January 1, 2007. During the first five months of the year, deliveries in North America declined by 60%.

Deliveries by market area:

Delivered Units

Year-to-Date

Change

Volvo Trucks

2007

2006

 

Europe

23 639

20 200

17%

    Western Europe

16 704

16 407

2%

    Eastern Europe

6 935

3 793

83%

North America

6 088

15 036

-60%

South America

3 586

2 769

30%

Asia

3 487

3 070

14%

    Middle East

1 810

1 560

16%

    Other Asia

1 677

1 510

11%

Other markets

1 999

1 441

39%

Total Volvo Trucks

38 799

42 516

-9%

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

Deliveries by market area:

Delivered Units

April 1-to-Date

Change

Nissan Diesel

2007

2006

                       n.a

North America

504

-

                      n.a

South America

240

-

                      n.a

Asia

3 775

-

                      n.a

    Middle East

463

-

                      n.a

    Other Asia

3 312

-

                      n.a

Other markets

1 711

-

                      n.a

Total Nissan Diesel

6 230

-

                      n.a


June 25, 2007

For further 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:
Joakim Wahlström, AB Volvo, +46 31 66 11 91
Christer Johansson, AB Volvo, +46 31 66 13 34