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Volvo truck shipments rise 2 pct in July

Wed Aug 27, 2008 2:37am EDT

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STOCKHOLM, Aug 27 (Reuters) - World number two truck maker Volvo (VOLVb.ST) said on Wednesday deliveries of its trucks rose 2 percent year-on-year in July as firm demand in Asia offset weaker development on both sides of the Atlantic.

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The group, which sells trucks under the Renault, Nissan Diesel and Mack brands as well as its own name, said in a statement deliveries in its biggest market, Europe, fell 5 percent while they were down 2 percent in North America.

In Asia, home to a bigger share of the group's business following the acqusition last year of Nissan Diesel, deliveries rose 16 percent from a year ago, Volvo said.



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