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Volvo: Truck Deliveries in April 2013


volvo

Sweden--May 17, 2013: Regulatory News:

Deliveries from the Volvo Group's (STO:VOLVA) (STO:VOLVB)truck operations in April 2013 amounted to 16,572 vehicles. This was a decrease of 2% compared with the year-earlier month.

Volvo Group

Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD and Eicher):

Delivered Units April Change Year-to date Change
Volvo Group 2013 2012* 2013 2012*
Europe 6 334 6 777 -7% 21 550 26 773 -20%
Western Europe 4 944 5 099 -3% 16 936 21 030 -19%
Eastern Europe 1 390 1 678 -17% 4 614 5 743 -20%
North America 4 237 4 712 -10% 11 944 17 560 -32%
South America 2 511 1 631 54% 8 552 6 767 26%
Asia 2 121 2 414 -12% 8 131 10 265 -21%
Other markets 1 369 1 312 4% 4 811 5 563 -14%
Total Volvo Group 16 572 16 846 -2% 54 988 66 928 -18%
Light duty (< 7t) 1 155 1 257 -8% 4 016 5 457 -26%
Medium duty (7-16t) 1 245 1 606 -22% 4 900 6 862 -29%
Heavy duty (>16t) 14 172 13 983 1% 46 072 54 609 -16%
Total Volvo Group 16 572 16 846 -2% 54 988 66 928 -18%
Non-consolidated operations
Eicher (100%) 2 741 3 245 -16% 12 836 15 199 -16%
DND (100%) 23 60 -62% 77 165 -53%
Total Volumes 19 336 20 151 -4% 67 901 82 292 -17%

*Restated for new accounting rules, effective January 1, 2013, where 50/50 joint-ventures are consolidated using the equity method instead of the proportionate method.

Volvo

In April 9,562 Volvo trucks were delivered, an increase of 13% compared with the same month last year.

In Europe 3,394 vehicles were delivered during April, down 3% compared with April 2012.

April deliveries in North America decreased 3% to 2,350 vehicles in comparison with the same period in 2012. However, deliveries were up 34% compared to the previous month.

Deliveries for South America increased 88% in April to 2,279 commercial vehicles.

April deliveries in Brazil for Volvo Trucks increased 123% to 1,882 trucks compared with April 2012.

Deliveries by market area:

Delivered Units April Change Year-to-date Change
Volvo 2013 2012 2013 2012
Europe 3 394 3 510 -3% 11 381 13 500 -16%
Western Europe 2 169 2 197 -1% 7 509 9 154 -18%
Eastern Europe 1 225 1 313 -7% 3 872 4 346 -11%
North America 2 350 2 431 -3% 6 323 8 929 -29%
South America 2 279 1 210 88% 7 576 5 674 34%
Asia 1 051 829 27% 3 701 3 472 7%
Other markets 488 469 4% 1 642 1 888 -13%
Total Volvo 9 562 8 449 13% 30 623 33 463 -8%
Medium duty (7-16t) 142 148 -4% 461 566 -19%
Heavy duty (>16t) 9 420 8 301 13% 30 162 32 897 -8%
Total Volvo 9 562 8 449 13% 30 623 33 463 -8%

Mack

Deliveries by market area:

Delivered Units April Change Year-to-date Change
Mack 2013 2012 2013 2012
Europe 1
Western Europe 1
Eastern Europe
North America 1 848 2 238 -17% 5 406 8 380 -35%
South America 152 270 -44% 707 708 0%
Asia 6 2 200% 6 4 50%
Other markets 90 72 25% 295 412 -28%
Total Mack 2 096 2 582 -19% 6 415 9 504 -33%
Heavy duty (>16t) 2 096 2 582 -19% 6 415 9 504 -33%
Total Mack 2 096 2 582 -19% 6 415 9 504 -33%

Renault Trucks

In April, 3,568 Renault trucks were delivered, a decrease of 13% compared with April 2012.

In Europe, deliveries declined by 10% to 2,940 vehicles in April. In Western Europe, deliveries were down by 4%.

The short-time work-weeks were stopped in April which contributed to the increased deliveries by 9% compared to March.

Deliveries by market area:

Delivered Units April Change Year-to-date Change
Renault Trucks 2013 2012 2013 2012
Europe 2 940 3 267 -10% 10 168 13 273 -23%
Western Europe 2 775 2 902 -4% 9 426 11 876 -21%
Eastern Europe 165 365 -55% 742 1 397 -47%
North America 9 5 80% 31 37 -16%
South America 66 128 -48% 232 335 -31%
Asia 181 326 -44% 633 1 143 -45%
Other markets 372 366 2% 1 391 1 598 -13%
Total Renault Trucks 3 568 4 092 -13% 12 455 16 386 -24%
Light duty (< 7t) 1 047 1 127 -7% 3 588 4 864 -26%
Medium duty (7-16t) 569 537 6% 2 184 2 345 -7%
Heavy duty (>16t) 1 952 2 428 -20% 6 683 9 177 -27%
Total Renault Trucks 3 568 4 092 -13% 12 455 16 386 -24%

UD

Deliveries from UD Trucks in April 2013 decreased by 22% to 1,346 vehicles compared to April 2012. In Japan, deliveries decreased by 14% in April due to strong demand last year supported by the government' incentive.

Deliveries by market area:

Delivered Units April Change Year-to-date Change
UD 2013 2012* 2013 2012*
North America 30 38 -21% 184 214 -14%
South America 14 23 -39% 37 50 -26%
Asia 883 1 257 -30% 3 791 5 646 -33%
Other markets 419 405 3% 1 483 1 665 -11%
Total UD 1 346 1 723 -22% 5 495 7 575 -27%
Light duty (< 7t) 108 130 -17% 428 593 -28%
Medium duty (7-16t) 534 921 -42% 2 255 3 951 -43%
Heavy duty (>16t) 704 672 5% 2 812 3 031 -7%
Total UD 1 346 1 723 -22% 5 495 7 575 -27%
Non-consolidated operations
DND (100%) 23 60 -62% 77 165 -53%
Total volumes 1 369 1 783 -23% 5 572 7 740 -28%

*Restated for new accounting rules, effective January 1, 2013, where 50/50 joint-ventures are consolidated using the equity method instead of the proportionate method.

Eicher*

Deliveries of Eicher trucks in April decreased by 16% to 2,741 trucks compared to the same month last year.

Deliveries by market area:

Delivered Units April Change Year-to-date Change
Eicher (100%) 2013 2012 2013 2012
Asia 2 741 3 245 -16% 12 836 15 199 -16%
Total Eicher 2 741 3 245 -16% 12 836 15 199 -16%
Light duty (< 7t) 404 347 16% 1 606 1 862 -14%
Medium duty (7-16t) 1 764 2 106 -16% 8 375 10 166 -18%
Heavy duty (>16t) 573 792 -28% 2 855 3 171 -10%
Total Eicher 2 741 3 245 -16% 12 836 15 199 -16%

*As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group