Information  X 
Enter a valid email address

Volvo AB (VOL)

  Print   

Thursday 19 September, 2002

Volvo AB

Truck deliveries - August 2002

TRUCK DELIVERIES - august 2002

Deliveries from Volvo's truck operations, which includes Volvo Trucks,
Mack Trucks, Inc., and Renault Trucks, increased by 13% for the month of
August, compared with the same month last year. On a year-to-date basis,
deliveries amounted to 99,095 trucks, a decrease of 1% compared with the
same period last year. In Europe, deliveries declined by 5 % while North
America increased with 1% compared with the same period last year.

"As expected, deliveries in North America continues to be on a
significant higher level than in the beginning of the year. This is a
result of customers pre-buying trucks in advance of the new emission
regulations coming in effect as of October 1. In Europe, demand for our
trucks remains at a high level," says Volvo's CEO Leif Johansson.

On a 12-month rolling basis, total order intake for the truck brands was
at the same level as last year, with Europe up 1% and North America down
10%.

Deliveries by market area:
 Delivered Units    Year-to-Date                Change
Volvo Group                  2002        2001           
Europe                     58,933      62,301        -5%
 Western Europe            53,949      58,040        -7%
 Eastern Europe             4,984       4,261        17%
North America              24,973      24,604         1%
South America               3,438       3,911       -12%
Asia                        5,330       3,187        67%
Other markets               6,421       6,131         5%
Total Volvo Group          99,095     100,134        -1%
Mack Trucks, Inc.

In response to the weak market conditions, Mack will take two non-
production weeks at its Macungie, PA plant in October and also reduce
its daily production rate at that facility, effective October 1.


Deliveries by market area:
                    Year-to-Date               Change
 Delivered Units
Mack Trucks Inc.             2002       2001            
Europe                                     2        n.a.
 Western Europe                                         
 Eastern Europe                            2        n.a.
North America              15,227     15,088          1%
South America                 431        788        -45%
Asia                           10         18        -44%
Other markets                 636        586          9%
Total Mack Trucks          16,304     16,482         -1%
Inc.


Renault Trucks

The Renault Magnum and Renault Kerax still shows a significant increase
in sales volume compared to the same period last year.


Deliveries by market area:
                    Year-to-Date               Change
 Delivered Units
Renault Trucks               2002       2001            
Europe                     36,622     35,748          2%
 Western Europe            34,420     34,109          1%
 Eastern Europe             2,202      1,639         34%
Asia                          197        369        -47%
Other markets               3,949      4,059         -3%
Total Renault              40,768     40,176          1%
Trucks



Volvo Trucks

The strong demand for the new Volvo FH and Volvo FM continues. The
increased delivery volumes are starting to appear in the statistics
concerning registration of new vehicles and, in market shares.

Significant orders for the new Volvo VN, launched in the US last month,
have been taken in the North American market.



Deliveries by market area:
                    Year-to-Date               Change
Delivered Units
Volvo Trucks                 2002       2001            
Europe                     22,311     26,551        -16%
 Western Europe            19,529     23,931        -18%
 Eastern Europe             2,782      2,620          6%
North America               9,746      9,516          2%
South America               3,007      3,123         -4%
Asia                        5,123      2,800         83%
Other markets               1,836      1,486         24%
Total Volvo Trucks         42,023     43,476         -3%






September 19, 2002



For further information, please contact:
Bernard Lancelot, Renault Trucks, +33 4 72 96 27 59
Bob Martin, Mack Trucks, Inc. +1 (610) 709-2670
Claes Claeson, Volvo Truck Corporation, +46 31 66 39 08, 0708-36 39 08
                                                                                                                                                                                                                                             

a d v e r t i s e m e n t