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Volvo Trucks Deliveries January-August 2000

19 September 2000

Volvo Trucks Deliveries January-August 2000

    STOCKHOLM, Sweden--Sept. 19, 2000--

VOLVO TRUCKS DELIVERIES, JANUARY-AUGUST 2000
Deliveries from Volvo Trucks between January and August 2000 totalled
51,414 trucks, distributed as follows:


               1999        2000

Europe, total  26,298      27,705      +5
of which
Western        24,629      25,427      +3

Europe
Eastern        1,669       2,278       +36

Europe
North America  23,023      16,028      -30
South America  2,356       3,006       +28

Asia           1,396       3,456       +14
                                        8

Other markets  1,163       1,219       +5
Total          54,236      51,414      -5

    Deliveries from Volvo Trucks dropped by 5 percent up to end August. This reduction is a result of the situation in North America, where Volvo's deliveries shrank by 30 percent. If North America is excluded, however, deliveries increased by 13 percent.
    The North American truck industry is characterized by flagging demand and excessive stocks. Volvo Trucks North America, which trimmed its production pace to suit a lower level already back in the first quarter of the year, is now being followed by other truck makers, who have notified that severe cutbacks are to be expected.
    Demand in Asia continues to be strong. In South America, there is an increase in Brazil, while the other markets in the region display continued low demand.
    The total Volvo Trucks order inflow up to the end of August dropped by 5 percent compared with the same period last year.

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