Truck deliveries in November 2013

Transcription

1 AB Volvo Press release Truck deliveries in November 2013 Deliveries from the Volvo Group s truck operations in November 2013 amounted to 20,356 vehicles. This was an increase of 16% compared with the year-earlier month. Productivity in the European industrial system is currently hampered by parallel production of both old and new generations of trucks. Volvo Group Total deliveries by market for all brands (Volvo, Mack, Renault Trucks, UD and Eicher): Delivered Units November Change Year-to date Change Volvo Group * Europe % % Western Europe % % Eastern Europe % % North America % % South America % % Asia % % Other markets % % Total Volvo Group % % Light duty (< 7t) % % Medium duty (7-16t) % % Heavy duty (>16t) % % Total Volvo Group % % Non-consolidated operations Eicher (100%) % % DND (100%) % % Total Volumes % % *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 AB Volvo (publ) Telephone Telefax Web Media Relations SE Göteborg Sweden

2 In November 12,332 Volvo trucks were delivered, an increase of 31% compared with the same month last year. In Europe 5,323 vehicles were delivered during November, up by 39% compared with November An extensive product renewal is under way with five new truck models; Volvo FH, Volvo FM, Volvo FMX, Volvo FE and Volvo FL. First quarter production rates in Europe will be adjusted to reflect lower demand, which is a consequence of customers having pre-bought trucks ahead of a more stringent emission regulation coming into force 1 January November deliveries in North America increased 17% to 2,630 vehicles in comparison with the same period last year. November deliveries in South America increased 57% to 2,689 trucks compared with November Volvo Europe % % Western Europe % % Eastern Europe % % North America % % South America % % Asia % % Other markets % % Total Volvo % % Medium duty (7-16t) % % Heavy duty (>16t) % % Total Volvo % % 2

3 Mack November deliveries of Mack trucks were on a similar level as last year and reached 1,718 trucks. Mack Europe 1-100% % Western Europe 1 Eastern Europe 1-100% % North America % % South America % % Asia #DIV/0! % Other markets % Total Mack % % Heavy duty (>16t) % % Total Mack % % 3

4 Renault Trucks In November 4,569 trucks were delivered by Renault Trucks which was a decrease by 1% compared to a year ago. In Eastern Europe, deliveries were down by 13% Renault Trucks is currently introducing a completely new truck program, with four different truck series; the T-series for long haulage, the C-series for construction, the K-series for heavy construction and the D-series for distribution. Renault Trucks new ranges have had a positive reception from both customers and dealers. However, production of the new trucks has just started and demonstration trucks are currently being delivered to customers, who will test their performance over a period of time before placing further orders. Consequently, overall order intake for Renault is currently low as no more orders are taken for Europe on the old generation and order intake is yet to pick-up on the new generation of trucks. Production rates for the first quarter will be adjusted significantly downwards to reflect lower demand. Renault Trucks Europe % % Western Europe % % Eastern Europe % % North America % % South America % % Asia % % Other markets % % Total Renault Trucks % % Light duty (< 7t) % % Medium duty (7-16t) % % Heavy duty (>16t) % % Total Renault Trucks % % 4

5 UD In November 2013, UD Trucks delivered 1,737 trucks, which was a decrease of 1% compared to November last year. UD * North America % % South America 29 #DIV/0! % Asia % % Other markets % % Total UD % % Light duty (< 7t) % % Medium duty (7-16t) % % Heavy duty (>16t) % % Total UD % % Non-consolidated operations DND (100%) % % Total volumes % % *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. 5

6 Eicher* Deliveries of Eicher trucks in November decreased by 40% to 1,864 trucks compared to the same month last year. Eicher (100%) Asia % % Total Eicher % % Light duty (< 7t) % % Medium duty (7-16t) % % Heavy duty (>16t) % % Total Eicher % % *As of 2013 Eicher is reported under the equity method and consequently sales and deliveries are not consolidated in to the Volvo Group December 18, 2013 Reporters, who would like more information, please contact: Media Relations Volvo Group: Karin Wik, Truck brands: Renault Trucks, Charlotte Roudovski, Mack, Kim Pupillo, Volvo, Anders Vilhelmsson, UD, Per Sundström, Investor Relations: Christer Johansson, AB Volvo Patrik Stenberg, AB Volvo, Anders Christensson, AB Volvo, John Hartwell, Volvo Group North America, For more stories from the Volvo Group, please visit 6

7 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 or if you are using your mobile phone. AB Volvo (publ) November is 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 December 18,