Volvo Truck Deliveries Dip

Posted on February 28, 2007

Total deliveries of trucks from the Volvo Group’s three truck companies

decreased 6% in January this year, compared with the year-earlier period.

Deliveries from Mack were down 47%, while deliveries from Renault Trucks

were down 22%. Deliveries from Volvo Trucks increased 30% compared with the year-earlier period.

Volvo noted that truck deliveries are not the same as retail sales. Deliveries are the trucks which during January 2007 were either transferred to dealer inventories or delivered directly to customers.

Volvo’s deliveries in January totaled 7786 vehicles, up 30% compared with the year-earlier period. In Eastern Europe, the number of deliveries increased by 144%. In Western Europe, deliveries increased by 31%. In North America, the deliveries of heavy trucks increased by 13 % to 2604 vehicles. The positive trend also continued in South America and the number of delivered vehicles totaled 435, a 33% increase.

Not all was completely rosy however, as deliveries from Mack in January totaled 1623 units, down 47% from the corresponding period a year ago. The pace of Mack's deliveries has slowed due to the downward production adjustment made to meet lower demand in 2007, the company said.