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Truck deliveries January-August 2004

Total deliveries of trucks from the Volvo Group’s three truck companies increased 23% through August this year, compared with the year-earlier period. Deliveries from Mack rose 27%, while deliveries from Renault Trucks were up 15%. Deliveries from Volvo Trucks increased 29% during the period.
During the past 12 months, order bookings for the Group’s truck operations were 45% higher compared with the preceding year. Orders were up 26% 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

63 024

56 894

11%

    Western Europe

55 884

51 281

9%

    Eastern Europe

7 140

5 613

27%

North America

29 369

20 823

41%

South America

5 636

3 403

66%

Asia

13 017

7 773

67%

    Middle East

10 423

5 450

91%

    Other Asia

2 594

2 323

12%

Other markets

4 391

4 735

-7%

Total Volvo Group

115 437

93 628

23%


Mack
Deliveries from Mack through August totaled 15,284 trucks, up 27 percent from the same period a year ago. The heavy-duty truck market in North America continues to extend its gains as compared to a year ago. The market strength continues to be most evident in the long-haul truckload segment, which is not among Mack's core market segments. However, Mack's order intake continues to outpace 2003's performance, thanks in large part to renewed buying interest among its construction segment customers.

Deliveries by market area:

Delivered Units

Year-to-Date

Change

Mack

2004

2003

 

North America

14 000

10 978

28%

South America

477

262

82%

Asia

50

51

-2%

    Middle East

47

47

 

    Other Asia

3

4

-25%

Other markets

757

770

-2%

Total Mack

15 284

12 062

27%



Renault Trucks
Deliveries through August totaled 42,733 trucks, a rise of 15% compared with the corresponding period in the preceding year. The increase was supported by rising sales in Europe. In total, sales in Europe increased 9%, where Western Europe rose 8% and Eastern Europe 24%.
Overseas, the increase continued on a high level, up 69% compared to the same period last year. All models posted increased sales figures, for example the Renault Mascott (12%), Renault Midlum (29%) and Renault Magnum (18%).

Deliveries by market area: 

Delivered Units

Year-to-Date

Change

Renault Trucks

2004

2003

 

Europe

36 548

33 464

9%

    Western Europe

33 306

30 858

8%

    Eastern Europe

3 242

2 606

24%

North America

144

213

-32%

South America

316

83

281%

Asia

4 156

1 415

194%

    Middle East

3 964

1 183

235%

    Other Asia

192

232

-17%

Other markets

1 569

1 914

-18%

Total Renault Trucks

42 733

37 089

15%



Volvo Trucks
Volvo Trucks’ deliveries during the period January-August amounted to 57,420 trucks, an increase of 29% compared with the year-earlier period.
The production rate within Volvo Trucks is very high to be able to meet the strong demand on the world market. Compared with the corresponding period in 2003, deliveries rose 58% in North as well as South America, while the increase in Europe was 13%.

In Asia, including the Middle East, the increase in deliveries has also been steady and stable. Deliveries rose 40% for all of Asia.

Deliveries by market area: 

Delivered Units

Year-to-Date

Change

Volvo Trucks

2004

2003

 

Europe

26 476

23 429

13%

    Western Europe

22 578

20 422

11%

    Eastern Europe

3 898

3 007

30%

North America

15 225

9 632

58%

South America

4 843

3 058

58%

Asia

8 811

6 307

40%

    Middle East

6 412

4 220

52%

    Other Asia

2 399

2 087

15%

Other markets

2 065

2 051

1%

Total Volvo Trucks

57 420

44 477

29%


September 20, 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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