Analysis

Volovo trucks' deliveries: November 2011

20th December 2011
ES Admin
0
Volvo Trucks’ November deliveries increased 45% year-on-year to 11,349 trucks. In total, deliveries in Europe amounted to 4,418 trucks in November, up 35% compared with the corresponding period of 2010. Delivery increases were noted in such countries as the United Kingdom, France and Sweden.
As previously announced the macro-economic uncertainty is currently impacting truck customers who have become slightly more cautious. Consequently Volvo Trucks is adapting its production levels in the beginning of 2012 in order to meet the current level of demand.

In Russia, deliveries rose a full 159% to 653 trucks, compared with November 2010. On the whole, deliveries in Eastern Europe rose 72% during November.

In Brazil, deliveries rose 15% in November, compared with the corresponding period of 2010. And for all of South America deliveries rose 24% to 2,159 trucks. With tougher emission standards starting January 1st 2012, Volvo Trucks expects lower demand in the beginning of the year and will consequently adapt production levels in January 2012.
Cont/…..

In North America, November deliveries rose 85% compared with November 2010 to 2,959 trucks. In the segment for long-haul trucks, demand remained healthy. New sales of trucks are being driven primarily by the need to renew truck fleets while, to a greater extent, smaller players are now also beginning to replace their older vehicles.

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