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Truck deliveries in November 2014

Deliveries from the Volvo Group’s truck operations in November 2014 amounted to 18,224 vehicles. This was a decrease of 10% compared with the year-earlier month.

Volvo Group
Deliveries from the Volvo Group’s truck operations in November 2014 amounted to 18,224 vehicles. This was a decrease of 10% compared with the year-earlier month. On a regional basis November deliveries declined by 16% in South America, primarily due to lower deliveries in Brazil. Deliveries in Europe declined by 31%, mainly as a result of high deliveries in 2013 during the pre-buy ahead of the EU6 emission legislation. Deliveries in North America increased by 21% in November thanks to a continuously high demand due to fleet renewal and a good economic development in general. In Asia truck deliveries increased by 10%.

Volvo
In November 10,693 Volvo trucks were delivered, a decrease of 13% compared with the same month last year.

In Europe 3,701 vehicles were delivered during November, down by 30% compared with November 2013. The decline was mainly a result of high deliveries in 2013 during the pre-buy ahead of the EU6 emission legislation.

Demand in North America continued to be good and deliveries increased by 9% to 2,855 vehicles in comparison with the same period last year.

Deliveries in South America decreased to 2,176 trucks in November, a decrease of 19% compared with November 2013. Demand for new trucks is currently low due to uncertainty regarding what the interest rates for truck financing in the governmental Finame-program will be in 2015.

Mack
Deliveries for Mack in November totaled 2,451 vehicles, a 43% increase compared with November 2013.

Renault Trucks
In November 3,155 trucks were delivered by Renault Trucks. The deliveries of heavy duty trucks declined by 39% to 1,569 trucks in November compared with the year-earlier month. The decline was mainly a result of high deliveries in 2013 during the pre-buy ahead of the EU6 emission legislation.

UD Trucks
In November 2014, UD Trucks delivered 1,925 trucks, which was an increase by 11% compared to November last year.

Eicher*
Eicher delivered 2,258 trucks in November which is an increase by 21% compared to the amount of trucks delivered in November 2013.

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

Reporters, who would like more information, please contact:

Volvo Group Media Relations:
Karin Wik, +46 765 531 020

Truck brands:
Renault Trucks, Fabrice Piombo, +33 472961220
Mack, Kim Pupillo, +1 336 393 2640
Volvo, Anders Vilhelmsson, +46 31 322 38 79
UD Trucks, Mansoor Ahmed, +86 10 65829122

Investor Relations:
Christer Johansson, AB Volvo +46 31 661334
Patrik Stenberg, AB Volvo +46 31 661336
Anders Christensson, AB Volvo +46 31 661191
John Hartwell, AB Volvo +1 201 252 8844