Volvo Group August Truck Deliveries Down 8% on Year

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Wall Street Journal / September 18, 2014

Swedish truck maker Volvo’s August truck deliveries fell 8% compared with the same period last year, mainly as a result of lower deliveries in Brazil and in France.

Volvo Group, which makes trucks under the Volvo, Mack, Renault Trucks and UD Trucks brands, delivered a total of 11,809 vehicles in August, compared with 12,864 vehicles in the same month in 2013.

On a regional basis, August deliveries declined by 42% in South America and by 19% in Europe, while deliveries in North America increased by 22%.

For the group's Volvo branded trucks, deliveries declined by 9% to 6,939 vehicles compared with the same month last year. In Europe, deliveries were down 10%, while deliveries in South America dropped 40% compared with August 2013.

Demand in North America continued to be good, the company said. Volvo brand deliveries increased by 31% to 2,246 vehicles in comparison with the same period last year.

Deliveries for Volvo’s Mack brand totaled 1,793 vehicles in August, a 4% increase compared with August 2013.

Volvo’s Renault Trucks brand delivered 1,475 vehicles in August. Deliveries of heavy trucks declined by 35% to 853 trucks compared with the same month a year earlier. The decline was mainly a result of fewer deliveries in France, the company said. Deliveries of light duty trucks increased to 446 trucks, up by 8%.

In August 2014, UD Trucks delivered 1,602 trucks, an increase of 4% compared with August 2013.