During the past 12 months, order bookings for the Group’s truck operations were 42% higher compared with the preceding year. Orders were up 24% in Europe, while the increase in North America was 88%.
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 | 2004 | 2003 |
|
Europe | 58 727 | 53 277 | 10% |
Western Europe | 52 155 | 48 064 | 9% |
Eastern Europe | 6 572 | 5 213 | 26% |
North America | 25 755 | 18 372 | 40% |
South America | 4 885 | 2 970 | 64% |
Asia | 12 206 | 7 161 | 70% |
Middle East | 9 866 | 5 022 | 96% |
Other Asia | 2 340 | 2 139 | 9% |
Other markets | 3 850 | 4 310 | -11% |
Total Volvo Group | 105 423 | 86 090 | 22% |
Mack
Deliveries from Mack through July totaled 13,669 trucks, up 26% compared with the year-earlier period. The gains in deliveries continue to reflect recent strength in the Class 8 (Heavy duty) truck market in North America. Although demand for new trucks in North America has cooled somewhat from the fast pace seen earlier in the year, orders and retail sales are still expected to be well above performance in 2003 through the remainder of 2004.
Deliveries by market area:
Delivered Units | Year-to-Date | Change | |
Mack | 2004 | 2003 |
|
North America | 12 565 | 9 841 | 28% |
South America | 398 | 247 | 61% |
Asia | 39 | 51 | -24% |
Middle East | 37 | 47 | -21% |
Other Asia | 2 | 4 | -50% |
Other markets | 667 | 672 | -1% |
Total Mack | 13 669 | 10 811 | 26% |
Renault Trucks
Deliveries through July totaled 39,777 trucks, up 13% compared with the corresponding period in the preceding year, mainly due to increased deliveries both within and outside Europe. In total, sales in Western Europe increased 6% and in Eastern Europe 22%.
All ranges have been selling better than at the end of July last year. Deliveries of the Renault Midlum were up 25%, Renault Premium 15%, Renault Magnum 14%, and Renault Kerax rose 7%. The Renault Master and Mascott, sold by Renault Trucks dealer network, posted increases of 7% and 8% in volume.
Deliveries by market area:
Delivered Units | Year-to-Date | Change | |
Renault Trucks | 2004 | 2003 |
|
Europe | 33 951 | 31 632 | 7% |
Western Europe | 30 945 | 29 176 | 6% |
Eastern Europe | 3 006 | 2 456 | 22% |
North America | 128 | 193 | -34% |
South America | 289 | 78 | 271% |
Asia | 4 052 | 1 342 | 202% |
Middle East | 3 856 | 1 114 | 246% |
Other Asia | 196 | 228 | -14% |
Other markets | 1 357 | 1 806 | -25% |
Total Renault Trucks | 39 777 | 35 051 | 13% |
Volvo Trucks
Volvo Trucks’ deliveries during the period January-July amounted to 51,977 trucks, an increase of 29% compared with the year-earlier period. Seasonally, July is a somewhat weaker month in terms of deliveries. Nevertheless, all markets continued to rise and the highest gains were in North America and South America, with increases of 57% and 59%, respectively. Notable was the very sharp increase for Canada (+106%, 1,924 vehicles). Deliveries were also very high in Europe, with the largest increases in Germany (+35%), Spain (+33%), Poland (+26%) and France (+24%). Asia rose 41%, due mainly to strong figures from Iran (+57%).
Deliveries by market area:
Delivered Units | Year-to-Date | Change | |
Volvo Trucks | 2004 | 2003 |
|
Europe | 24 776 | 21 645 | 14% |
Western Europe | 21 210 | 18 888 | 12% |
Eastern Europe | 3 566 | 2 757 | 29% |
North America | 13 062 | 8 338 | 57% |
South America | 4 198 | 2 645 | 59% |
Asia | 8 115 | 5 768 | 41% |
Middle East | 5 973 | 3 861 | 55% |
Other Asia | 2 142 | 1 907 | 12% |
Other markets | 1 826 | 1 832 | 0% |
Total Volvo Trucks | 51 977 | 40 228 | 29% |
August 26, 2004
For further information, please contact:
Media Relations:
Bernard Lancelot, Renault Trucks, +33 4 72 96 27 59
Bob Martin, Mack, +1 (610) 709-2670
Claes Claeson, Volvo Trucks, +46 31-66 39 08
Investor Relations:
Fredrik Brunell, AB Volvo, +46 31 66 11 91