Deliveries in North America increased by 32% in February thanks to a continuously high demand due to fleet renewal and a good economic development in general. Deliveries in Europe increased by 13%, the increase was mainly due to higher deliveries of Renault Trucks (+35%). Deliveries declined by 73% in South America, primarily due to lower deliveries in Brazil where a slow economic development combined with more stringent financing terms for buying trucks has significantly reduced demand. In Asia truck deliveries decreased by 9%.
Reporters, who would like more information, please contact:
Volvo Group Media Relations:
Kina Wileke, +46 765 537229
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