Volvo Group Delivered 15,410 Trucks In July, Down 9% On Year

[kscarbel2]

Wall Street Journal / August 21, 2014

Swedish commercial vehicle maker Volvo AB said Thursday it delivered 15,410 trucks in July, down 9% compared with the same month last year.

On a regional basis, deliveries of Volvo-branded trucks in South America declined by 36% to 1,446 units. Sales decreased 17% in Europe, while deliveries increased by 21% in North America.

In July, 8,616 of the company's Volvo-branded trucks were delivered, a decrease of 13% compared with the same month last year.

In Europe, 2,944 Volvo-branded trucks were delivered during July, down 24% compared with the same month last year.

Volvo deliveries in Eastern Europe were down by 27%, mainly due to lower demand in Russia.

Demand for Volvo-branded trucks in North America increased by 25% to 2,941 units compared with the same month last year, while deliveries of Mack-branded trucks rose 16% to 1,988 units.

Deliveries of Renault-branded heavy trucks in July declined by 15% to 1,597 units compared with the same month last year.

Deliveries of UD-branded trucks in July decreased by 1% to 1,574 units compared with the same month last year.