Volvo: Truck Deliveries in May 2013

Mon Jun 17, 2013 2:50am EDT

* Reuters is not responsible for the content in this press release.

Volvo: Truck Deliveries in May 2013

Regulatory News:

Deliveries from the Volvo Group’s (STO:VOLVA)(STO:VOLVB) truck operations in May 2013 amounted to 16,732 vehicles. This was a decrease of 9% compared with the year-earlier month.

Volvo Group

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

Delivered Units   May   Change   Year-to date   Change
Volvo Group 2013   2012* 2013   2012
Europe 6 277 7 481 -16% 27 827 34 254 -19%
Western Europe 4 952 5 664 -13% 21 888 26 694 -18%
Eastern Europe 1 325 1 817 -27% 5 939 7 560 -21%
North America 4 228 4 677 -10% 16 172 22 237 -27%
South America 2 540 1 982 28% 11 092 8 749 27%
Asia 2 383 2 619 -9% 10 514 12 884 -18%
Other markets 1 304 1 646 -21% 6 115 7 209 -15%
Total Volvo Group 16 732 18 405 -9% 71 720 85 333 -16%
 
Light duty (< 7t) 1 130 1 235 -9% 5 146 6 692 -23%
Medium duty (7-16t) 1 284 1 933 -34% 6 184 8 795 -30%
Heavy duty (>16t) 14 318 15 237 -6% 60 390 69 846 -14%
Total Volvo Group 16 732 18 405 -9% 71 720 85 333 -16%
 
Non-consolidated operations
Eicher (100%) 2 419 2 607 -7% 15 255 17 806 -14%
DND (100%) 57 51 12% 134 216 -38%
Total Volumes 19 208 21 063 -9% 87 109 103 355 -16%
 

*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 May 9,689 Volvo trucks were delivered, an increase of 4% compared with the same month last year.

In Europe 3,556 vehicles were delivered during May, down 11% compared with May 2012. An extensive product renewal is under way with five new truck models; Volvo FH, Volvo FM, Volvo FMX, Volvo FE and Volvo FL. All the new models include innovations and features that make the driver’s job easier and more efficient.

May deliveries in North America increased 10% to 2,416 vehicles in comparison with the same period in 2012.

Deliveries for South America increased 30% in May to 2,178 commercial vehicles compared with May 2012. May deliveries in Brazil increased 40% to 1,750 trucks compared with May 2012.

Deliveries by market area:

Delivered Units   May   Change   Year-to-date   Change
Volvo 2013   2012 2013   2012
Europe 3 556 3 987 -11% 14 937 17 487 -15%
Western Europe 2 410 2 607 -8% 9 919 11 761 -16%
Eastern Europe 1 146 1 380 -17% 5 018 5 726 -12%
North America 2 416 2 201 10% 8 739 11 130 -21%
South America 2 178 1 681 30% 9 754 7 355 33%
Asia 1 078 843 28% 4 779 4 315 11%
Other markets 461 573 -20% 2 103 2 461 -15%
Total Volvo 9 689 9 285 4% 40 312 42 748 -6%
 
Medium duty (7-16t) 129 165 -22% 590 731 -19%
Heavy duty (>16t) 9 560 9 120 5% 39 722 42 017 -5%
Total Volvo 9 689 9 285 4% 40 312 42 748 -6%

Mack

Deliveries for Mack in May totaled 2,133 vehicles, a 21% decrease compared with May 2012.

Deliveries by market area:

Delivered Units   May   Change   Year-to-date   Change
Mack 2013   2012 2013   2012
Europe 1
Western Europe 1
Eastern Europe

#DIV/0!

North America 1 778 2 426 -27% 7 184 10 806 -34%
South America 259 184 41% 966 892 8%
Asia 1 12 -92% 7 16 -56%
Other markets 95 65 46% 390 477 -18%
Total Mack 2 133 2 687 -21% 8 548 12 191 -30%
 
Heavy duty (>16t) 2 133 2 687 -21% 8 548 12 191 -30%
Total Mack 2 133 2 687 -21% 8 548 12 191 -30%

Renault Trucks

In May, 3,414 Renault trucks were delivered, a decrease of 25% compared with May 2012.

Deliveries for Europe declined by 22% in May to 2,721vehicles. In Western Europe, deliveries were down by 17%.

On June 12, Renault Trucks announced a complete renewal of its product portfolio with the introduction of the new long distance T range and the new C and K ranges of construction trucks as well as the new D range of distribution trucks.

Deliveries by market area:

Delivered Units   May   Change   Year-to-date   Change
Renault Trucks 2013   2012 2013   2012
Europe 2 721 3 494 -22% 12 889 16 767 -23%
Western Europe 2 542 3 057 -17% 11 968 14 933 -20%
Eastern Europe 179 437 -59% 921 1 834 -50%
North America 19 18 6% 50 55 -9%
South America 93 98 -5% 325 433 -25%
Asia 209 388 -46% 842 1 531 -45%
Other markets 372 572 -35% 1 763 2 170 -19%
Total Renault Trucks 3 414 4 570 -25% 15 869 20 956 -24%
 
Light duty (< 7t) 1 032 1 097 -6% 4 620 5 961 -22%
Medium duty (7-16t) 512 741 -31% 2 696 3 086 -13%
Heavy duty (>16t) 1 870 2 732 -32% 8 553 11 909 -28%
Total Renault Trucks 3 414 4 570 -25% 15 869 20 956 -24%

UD

Deliveries from UD Trucks in May 2013 decreased by 20% to 1,496 vehicles compared to May 2012.

Deliveries by market area:

Delivered Units   May     Change   Year-to-date   Change
UD 2013 2012* 2013   2012
North America 15 32 -53% 199 246 -19%
South America 10 19 -47% 47 69 -32%
Asia 1 095 1 376 -20% 4 886 7 022 -30%
Other markets 376 436 -14% 1 859 2 101 -12%
Total UD 1 496 1 863 -20% 6 991 9 438 -26%
 
Light duty (< 7t) 98 138 -29% 526 731 -28%
Medium duty (7-16t) 643 1 027 -37% 2 898 4 978 -42%
Heavy duty (>16t) 755 698 8% 3 567 3 729 -4%
Total UD 1 496 1 863 -20% 6 991 9 438 -26%
 
Non-consolidated operations
DND (100%) 57 51 12% 134 216 -38%
Total volumes 1 553 1 914 -19% 7 125 9 654 -26%

*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 May decreased by 7% to 2,419 trucks compared to the same month last year.

Deliveries by market area:

Delivered Units   May   Change   Year-to-date   Change
Eicher (100%) 2013   2012 2013   2012
Asia 2 419 2 607 -7% 15 255 17 806 -14%
Total Eicher 2 419 2 607 -7% 15 255 17 806 -14%
 
Light duty (< 7t) 397 306 30% 2 003 2 168 -8%
Medium duty (7-16t) 1 564 1 695 -8% 9 939 11 861 -16%
Heavy duty (>16t) 458 606 -24% 3 313 3 777 -12%
Total Eicher 2 419 2 607 -7% 15 255 17 806 -14%

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

June 17, 2013

For more stories from the Volvo Group, please visit http://www.volvogroup.com/globalnews.

The Volvo Group is one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The Group also provides complete solutions for financing and service. The Volvo Group, which employs about 115,000 people, has production facilities in 19 countries and sells its products in more than 190 markets. In 2012 the Volvo Group’s sales amounted to about SEK 304 billion. The Volvo Group is a publicly-held company headquartered in Göteborg, Sweden. Volvo shares are listed on OMX Nordic Exchange Stockholm. For more information, please visit www.volvogroup.com or www.volvogroup.mobi if you are using your mobile phone.

AB Volvo (publ) may be required to disclose the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.The information was submitted for publication at 08:30 a.m. in June 17, 2013.

This information was brought to you by Cision http://news.cision.com

Volvo Group
Media Relations
Karin Wik, +46 765-53 10 20
or
Truck brands:
Renault Trucks
Charlotte Roudovski, +33 4 72 96 29 76
or
Mack
Kim Pupillo, +1 336 393 2640
or
Volvo
Anders Vilhelmsson, +46 31 322 38 79
or
UD
Per Sundström, +81 80 40 64 92 33
or
AB Volvo
Investor Relations:
Christer Johansson, +46 739 02 25 22
or
Patrik Stenberg, +46 31 66 13 36
or
Volvo Group North America
John Hartwell, +1 201-252-8844

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.