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Truck deliveries January-February 2007

Total deliveries of trucks from the Volvo Group’s three truck companies decreased 13% through February this year, compared with the year-earlier period. Deliveries from Mack were down 47%, while deliveries from Renault Trucks were down 17%. Deliveries from Volvo Trucks increased 5% compared with the year-earlier period.
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Total deliveries by market for the Volvo Group’s truck companies (Mack, Renault Trucks and Volvo Trucks):

Delivered Units

Year-to-Date

Change

Volvo Group

2007

2006

 

Europe

16 988

17 077

-1%

    Western Europe

14 053

15 285

-8%

    Eastern Europe

2 935

1 792

64%

North America

6 382

10 766

-41%

South America

1 534

1 396

10%

Asia

1 827

1 721

6%

    Middle East

1 155

1 173

-2%

    Other Asia

672

548

23%

Other markets

1 544

1 376

12%

Total Volvo Group

28 275

32 336

-13%

Mack
Deliveries from Mack through February totalled 3,145 units, down 47% from the corresponding period a year ago. As expected, deliveries are significantly lower than they were at this time a year ago due to the effects from the pre-buy ahead of the new US07 emissions regulations.

Deliveries by market area:

Delivered Units

Year-to-Date

Change

Mack

2007

2006

 

North America

2 666

5 417

-51%

South America

299

345

-13%

Other markets

180

134

34%

Total Mack

3 145

5 896

-47%

Renault Trucks
Deliveries through February totalled 10,111 trucks, down 17% compared with the year-earlier period. This decline is attributable mainly to the lack of deliveries of the new Renault Mascott model, which is due out at mid-year.

Deliveries by market area:

Delivered Units

Year-to-Date

Change

Renault Trucks

2007

2006

 

Europe

8 704

10 473

-17%

    Western Europe

7 787

9 648

-19%

    Eastern Europe

917

825

11%

North America

55

65

-15%

South America

175

282

-38%

Asia

518

597

-13%

    Middle East

431

553

-22%

    Other Asia

87

44

98%

Other markets

659

723

-9%

Total Renault Trucks

10 111

12 140

-17%


Volvo Trucks
Volvo Trucks’ deliveries during the period January-February amounted to 15,019 vehicles, up 5% compared with the year-earlier period. Primarily, strong delivery figures from Europe contributed to the increase. Notably, deliveries in Eastern Europe more than doubled compared with the first two months of 2006.
The expected effects of implementing new, more stringent emissions requirements in North America are now visible in delivery statistics. North American deliveries fell 31% to 3,661 vehicles.

Deliveries by market area: 

Delivered Units

Year-to-Date

Change

Volvo Trucks

2007

2006

 

Europe

8 284

6 604

25%

    Western Europe

6 266

5 637

11%

    Eastern Europe

2 018

967

109%

North America

3 661

5 284

-31%

South America

1 060

769

38%

Asia

1 309

1 124

16%

    Middle East

724

620

17%

    Other Asia

585

504

16%

Other markets

705

519

36%

Total Volvo Trucks

15 019

14 300

5%

March 20, 2007

For further information, please contact:

Media Relations:
Bernard Lancelot, Renault Trucks, +33 (0)4 72 96 58 89
Bob Martin, Mack, +1 (610) 709-2670
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