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Truck deliveries – February 2004

Total deliveries of trucks from the Volvo Group’s three truck companies increased 14% through February this year, compared with the year-earlier period. Deliveries from Mack rose 26%, while deliveries from Renault Trucks were up 6%. Deliveries from Volvo Trucks increased 18% during the period.
”Deliveries continued to develop strongly also in February. This applies mainly to North and South America as well as the Middle East, driven by a strong trend in Iran. We also note continued favorable order bookings in Europe and North America,” comments Leif Johansson, CEO and President of the Volvo Group.

During the past 12 months, order bookings for the Group’s truck operations were 13% higher compared with the preceding year. Orders were up 3% in Europe, while the increase in North America was 34%.

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

14 978

14 984

0%

    Western Europe

13 768

13 735

0%

    Eastern Europe

1 210

1 249

-3%

North America

6 116

4 204

45%

South America

1 015

710

43%

Asia

2 874

1 795

60%

Other markets

1 007

1 092

-8%

Total Volvo Group

25 990

22 785

14%

Full report attached.

For further information, 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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