Volvo Trucks’ deliveries during the period January-October amounted to 78,131 vehicles, down 8% compared with the year-earlier period. A large part of the deficit this year is explained by a massive (and expected) regulatory inspired dip in the US.
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However, October did mark the single largest delivery volume ever in Europe with slightly more than 6,000 vehicles delivered.
European deliveries are so far this year up 21% of which Eastern Europe accounts for most of the increase, a rise of 86%.
Production disturbances in North America earlier in the year resulted in a large order backlog with long lead-times.
To address the long lead times, Volvo Trucks has temporarily increased production rates at the New River Valley Plant as from the end of October until the end of January, when the production rate will be reduced to about the same level as it was before the temporary increase.
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By GlobalData
Deliveries by market area :
Delivered Units Year-to-Date Change
Volvo Trucks 2007 2006
Europe 47,162 39,072 21%
Western Europe 32,698 31,297 4%
Eastern Europe 14,464 7,775 86%
North America 12,117 31,223 -61%
South America 8,037 6,388 26%
Asia 6,772 5,842 16%
Middle East 3,507 2,829 24%
– Other Asia 3,265 3,013 8%
Other markets 4,043 2,812 44%
Total Volvo Trucks 78,131 85,337 -8%
