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Truck deliveries January-July 2004

Total deliveries of trucks from the Volvo Group’s three truck companies increased 22% through July this year, compared with the year-earlier period. Deliveries from Mack rose 26%, while deliveries from Renault Trucks were up 13%. Deliveries from Volvo Trucks increased 29% during the period.
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 


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