Sweden's Volvo trucks continues to rally as global demand recovers.

Volvo Group, the world's second-biggest maker of heavy vehicles, said Thursday that total deliveries from its truck operations in August amounted to 11,482 vehicles.

This was an increase of 62 percent compared with the year-earlier period. In July sales also swelled by 62 percent.

In Western Europe the number of deliveries doubled. In Northern America figures were up 56 percent and in Asia 45 percent.

The heavy truck sector suffered very badly in the global economic slump, with orders plummeting. During the second quarter demand rose sharply for Volvo and its competitors.

Germany's Daimler and Sweden's Volvo, which dominate the market with MAN, recently reported better-than-expected earnings as they too benefited from the recovery.

Delivered Units

Total Trucks

Change

Year-to-Date

Change

Volvo Group

2010

2009

2010

2009

Europe

2 737

1 411

94%

35 587

31 692

12%

Western Europe

2 309

1 153

100%

30 858

28 756

7%

Eastern Europe

428

258

66%

4 729

2 936

61%

North America

1 973

1 267

56%

13 308

10 133

31%

South America

1 709

989

73%

13 442

7 080

90%

Asia

3 824

2 637

45%

33 514

19 915

68%

Middle East

457

204

124%

6 001

3 742

60%

Other Asia

3 367

2 433

38%

27 513

16 173

70%

Other markets

1 239

805

54%

9 561

9 084

5%

Total Volvo Group

11 482

7 109

62%

105 412

77 904

35%

Light duty (< 7t)

1 340

1 290

4%

15 726

14 267

10%

Medium duty (7-16t)

1 916

1 437

33%

19 538

12 627

55%

Heavy duty (>16t)

8 226

4 383

88%

70 148

51 011

38%

Total Volvo Group

11 482

7 109

62%

105 412

77 904

35%

Total deliveries by market for the Volvo Group’s truck operations (Volvo Trucks, Mack, Renault Trucks, UD Trucks and Eicher):

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Last Updated (Wednesday, 15 September 2010 08:21)

 
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