STOCKHOLM Dec 18 Volvo, the world's
second biggest truck maker, said on Wednesday shipments of its
trucks rose 16 percent year-on-year in November on the back of
strong demand in Europe.
Volvo, which sells trucks under the Renault, Mack and UD
Trucks brands as well as its own name, said shipments in its top
market, Europe, jumped 22 percent while they climbed 19 percent
in North America.
It repeated first-quarter production rates in Europe would
be adjusted to reflect lower demand, a consequence of customers
having pre-bought trucks ahead of stringent emission regulations
which come into force at the turn of the year.
November deliveries were up 29 percent in South America
while they were down one percent in Asia.
(Reporting by Stockholm newsroom)