By Christina Zander
STOCKHOLM--Swedish truck maker Volvo AB (VOLV-B.SK) said
Thursday deliveries in August fell 8% compared with the same period
last year mainly as a result of lower deliveries in Brazil and in
France.
The Volvo Group, which makes trucks under the Volvo, Mack,
Renault Trucks and UD Trucks brands, said it delivered a total of
11,809 vehicles in August, compared with 12,864 vehicles in the
same month in 2013.
On a regional basis August deliveries declined by 42% in South
America and by 19% in Europe, while deliveries in North America
increased by 22%.
For the group's Volvo branded trucks, deliveries declined by 9%
to 6,939 vehicles compared with the same month last year. In
Europe, deliveries were down 10%, while deliveries in South America
dropped 40% compared with August 2013.The decrease is a consequence
of lower demand as well as fewer trucks ordered by dealers, the
company said.
Demand in North America continued to be good, Volvo said, and
deliveries increased by 31% to 2,246 vehicles in comparison with
the same period last year.
Deliveries for Mack totaled 1,793 vehicles in August, a 4%
increase compared with August 2013.
Renault Trucks delivered 1,475 vehicles in August; deliveries of
heavy duty trucks declined by 35% to 853 trucks compared with the
same month a year earlier. The decline was mainly a result of fewer
deliveries in France, the company said. Deliveries of light duty
trucks increased to 446 trucks, up by 8%.
In August 2014, UD Trucks delivered 1,602 trucks, an increase of
4% compared with August 2013.
At 0733 GMT shares traded down 1% at SEK82.00
Write to Christina Zander at christina.zander@wsj.com
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