Sweden—August 29, 2012: Regulatory News:
Volvo Group (STO:VOLVA) (STO:VOLVB)
Total deliveries by market for all brands (Volvo, Mack, Renault, UD and Eicher):
| Delivered Units | July | Change | Year-to-date | Change | |||||||||
| Volvo Group | 2012 | 2011 | 2012 | 2011 | |||||||||
| Europe | 6 163 | 6 612 | -7% | 48 728 | 56 009 | -13% | |||||||
| Western Europe | 4 399 | 5 384 | -18% | 37 218 | 45 439 | -18% | |||||||
| Eastern Europe | 1 764 | 1 228 | 44% | 11 510 | 10 570 | 9% | |||||||
| North America | 4 437 | 2 553 | 74% | 31 107 | 21 664 | 44% | |||||||
| South America | 1 696 | 2 426 | -30% | 12 314 | 16 005 | -23% | |||||||
| Asia | 3 891 | 4 078 | -5% | 30 160 | 29 816 | 1% | |||||||
| Other markets | 1 485 | 1 229 | 21% | 10 243 | 8 383 | 22% | |||||||
| Total Volvo Group | 17 672 | 16 898 | 5% | 132 552 | 131 877 | 1% | |||||||
| Light duty (< 7t) | 1 508 | 2 107 | -28% | 10 860 | 14 960 | -27% | |||||||
| Medium duty (7-16t) | 2 352 | 2 656 | -11% | 20 003 | 18 566 | 8% | |||||||
| Heavy duty (>16t) | 13 812 | 12 136 | 14% | 101 689 | 98 352 | 3% | |||||||
| Total Volvo Group | 17 672 | 16 898 | 5% | 132 552 | 131 877 | 1% | |||||||
Volvo
Deliveries of Volvo branded trucks in July increased by 2% to 8,303 vehicles compared to the same period last year. The deliveries in Western Europe declined by 19%. The slow macro-economic development and uncertainty about the future business climate is affecting demand. In Russia and Turkey demand continues to be on good levels.
July deliveries in North America increased 46% to 2,380 vehicles in comparison with the same month last year. More production days this July, as well as fewer supplier disruptions, contributed to the increase.
July deliveries in South America for Volvo Trucks decreased 32% to 1,424 trucks compared with July 2011. The transmission to new emissions regulations mandating the need for Euro V technology, as well as the economic slowdown in Brazil, continue to negatively impact demand.
Deliveries by market area:
| Delivered Units | July | Change | Year-to-date | Change | |||||||||
| Volvo | 2012 | 2011 | 2012 | 2011 | |||||||||
| Europe | 3 066 | 3 121 | -2% | 24 882 | 26 795 | -7% | |||||||
| Western Europe | 1 777 | 2 181 | -19% | 16 225 | 19 065 | -15% | |||||||
| Eastern Europe | 1 289 | 940 | 37% | 8 657 | 7 730 | 12% | |||||||
| North America | 2 380 | 1 632 | 46% | 15 901 | 12 265 | 30% | |||||||
| South America | 1 424 | 2 100 | -32% | 10 328 | 13 910 | -26% | |||||||
| Asia | 990 | 858 | 15% | 6 172 | 7 328 | -16% | |||||||
| Other markets | 443 | 405 | 9% | 3 493 | 2 384 | 47% | |||||||
| Total Volvo | 8 303 | 8 116 | 2% | 60 776 | 62 682 | -3% | |||||||
| Medium duty (7-16t) | 143 | 120 | 19% | 1 024 | 1 078 | -5% | |||||||
| Heavy duty (>16t) | 8 160 | 7 996 | 2% | 59 752 | 61 604 | -3% | |||||||
| Total Volvo | 8 303 | 8 116 | 2% | 60 776 | 62 682 | -3% | |||||||
Mack
Deliveries for Mack in July totaled 2,292 vehicles, a 113% increase compared with July 2011. The increase is attributable, in part to the timing of demand from key accounts and more production days this July, as well as the continued positive customer response to Mack€™s well performing powertrain components and on-highway trucks in general.
Deliveries by market area:
| Delivered Units | July | Change | Year-to-date | Change | |||||||||
| Mack | 2012 | 2011 | 2012 | 2011 | |||||||||
| Europe | 11 | - | - | 11 | - | - | |||||||
| Western Europe | - | - | - | - | - | ||||||||
| Eastern Europe | 11 | - | - | 11 | - | - | |||||||
| North America | 2 003 | 831 | 141% | 14 827 | 8 636 | 72% | |||||||
| South America | 193 | 189 | 2% | 1 247 | 1 432 | -13% | |||||||
| Asia | 4 | - | - | 29 | 2 | 1350% | |||||||
| Other markets | 81 | 56 | 45% | 669 | 604 | 11% | |||||||
| Total Mack | 2 292 | 1 076 | 113% | 16 783 | 10 674 | 57% | |||||||
| Heavy duty (>16t) | 2 292 | 1 076 | 113% | 16 783 | 10 674 | 57% | |||||||
| Total Mack | 2 292 | 1 076 | 113% | 16 783 | 10 674 | 57% | |||||||
Renault
In July, 4,066 Renault branded trucks were delivered, a decline of 1% compared to the year-earlier month.
In Western Europe, deliveries were down by 18% in July. The decrease was mainly due to lower deliveries of light-duty trucks. Deliveries to markets in Eastern Europe held up better and increased by 61%.
In July, heavy-duty trucks increased by 29%, the medium-duty ranges stayed flat while light-duty trucks decreased 33% compared to the year-earlier month.
Deliveries by market area:
| Delivered Units | July | Change | Year-to-date | Change | |||||||||
| Renault | 2012 | 2011 | 2012 | 2011 | |||||||||
| Europe | 3 086 | 3 491 | -12% | 23 835 | 29 214 | -18% | |||||||
| Western Europe | 2 622 | 3 203 | -18% | 20 993 | 26 374 | -20% | |||||||
| Eastern Europe | 464 | 288 | 61% | 2 842 | 2 840 | 0% | |||||||
| North America | 9 | 7 | 29% | 54 | 73 | -26% | |||||||
| South America | 76 | 105 | -28% | 664 | 522 | 27% | |||||||
| Asia | 331 | 212 | 56% | 2 228 | 2 718 | -18% | |||||||
| Other markets | 564 | 281 | 101% | 3 238 | 2 549 | 27% | |||||||
| Total Renault | 4 066 | 4 096 | -1% | 30 019 | 35 076 | -14% | |||||||
| Light duty (< 7t) | 1 151 | 1 728 | -33% | 8 307 | 11 500 | -28% | |||||||
| Medium duty (7-16t) | 470 | 472 | 0% | 4 238 | 4 617 | -8% | |||||||
| Heavy duty (>16t) | 2 445 | 1 896 | 29% | 17 474 | 18 959 | -8% | |||||||
| Total Renault | 4 066 | 4 096 | -1% | 30 019 | 35 076 | -14% | |||||||
UD
Deliveries from UD Trucks in July totaled 1,684 units, a decline of 15%
In Asia, the number of deliveries was 1,239 units, down by 11%. In Japan, 638 trucks were delivered, a decline of 11% compared with the year-earlier month.
The Japanese governmental subsidy program came to an end in the first half of July.
Deliveries by market area:
| Delivered Units | July | Change | Year-to-date | Change | |||||||||
| UD | 2012 | 2011 | 2012 | 2011 | |||||||||
| North America | 45 | 83 | -46% | 325 | 690 | -53% | |||||||
| South America | 3 | 32 | -91% | 75 | 141 | -47% | |||||||
| Asia | 1 239 | 1 385 | -11% | 10 026 | 8 233 | 22% | |||||||
| Other markets | 397 | 487 | -18% | 2 843 | 2 846 | 0% | |||||||
| Total UD | 1 684 | 1 987 | -15% | 13 269 | 11 910 | 11% | |||||||
| Light duty (< 7t) | 183 | 168 | 9% | 1 124 | 1 864 | -40% | |||||||
| Medium duty (7-16t) | 887 | 961 | -8% | 6 917 | 5 147 | 34% | |||||||
| Heavy duty (>16t) | 614 | 858 | -28% | 5 228 | 4 899 | 7% | |||||||
| Total UD | 1 684 | 1 987 | -15% | 13 269 | 11 910 | 11% | |||||||
Eicher
Deliveries of Eicher branded trucks in July decreased by 18% to 1,327 trucks compared to the same month last year.
Deliveries by market area:
| Delivered Units | July | Change | Year-to-date | Change | |||||||||
| Eicher | 2012 | 2011 | 2012 | 2011 | |||||||||
| Asia | 1 327 | 1 623 | -18% | 11 705 | 11 536 | 1% | |||||||
| Total Eicher | 1 327 | 1 623 | -18% | 11 705 | 11 536 | 1% | |||||||
| Light duty (< 7t) | 174 | 211 | -17% | 1 429 | 1 596 | -10% | |||||||
| Medium duty (7-16t) | 852 | 1 103 | -23% | 7 824 | 7 724 | 1% | |||||||
| Heavy duty (>16t) | 301 | 310 | -3% | 2 452 | 2 217 | 11% | |||||||
| Total Eicher | 1 327 | 1 623 | -18% | 11 705 | 11 536 | 1% | |||||||
Volvo Group represents 50% of the total production volume for Eicher.