Volvo Group Reports February Truck Deliveries
Total deliveries of trucks from the Volvo Group’s three truck companies increased 14% through February this year, compared with the year-earlier period
Total deliveries of trucks from the Volvo Group’s three truck companies increased 14% through February this year, compared with the year-earlier period.
Deliveries from Mack rose 26%, while deliveries from Renault Trucks were up 6%. Deliveries from Volvo Trucks increased 18% during the period.
"Deliveries continued to develop strongly also in February. This applies mainly to North and South America as well as the Middle East, driven by a strong trend in Iran. We also note continued favorable order bookings in Europe and North America," said Leif Johansson, CEO and president of the Volvo Group.
During the past 12 months, order bookings for the Group’s truck operations were 13% higher compared with the preceding year. Orders were up 3% in Europe, while the increase in North America was 34%.
Deliveries from Mack totaled 3,235 trucks through February, up 26% compared with the corresponding period in 2003. Activity at dealers continues to reflect an increased demand for new vehicles, as a result of pent-up demand and growing confidence in the U.S. economy.
Renault truck deliveries through February totaled 10,441 trucks, a rise of 6% compared with the corresponding period in the preceding year. The high level of deliveries is attributable to increased sales in markets outside Europe.
Volvo Trucks increased deliveries of trucks by 18% during the period January-February 2004, compared with the year-earlier period. Demand for heavy trucks in the US, Brazil and Middle East continued to be highly favorable, with Germany and Spain also showing a positive trend during the first two months of the year.
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