SWEDEN: Volvo Group's truck deliveries down 8% in October
Volvo Group has reported truck deliveries down 8% year-on-year for the month of October.
Total Volvo Group truck sales for the first ten month of the year stand at 185,644 units, 3% down on last year.
Deliveries of Volvo branded trucks in October decreased by 10% to 10,051 vehicles compared with the same month last year. In Europe, deliveries of Volvo brand trucks decreased by 6% to 4,350 units compared to October last year. Volvo said that the current slowdown in economic activity and uncertainty about the future business climate in the region is clearly having a negative impact on demand for trucks. Decisions have been made to lower production of Volvo trucks in Europe by removing shifts and using stop days for the remainder of the year to meet the lower demand seen in the third quarter.
Quarterly/fiscal full year results continued to roll in this week with a healthy uptick at Suzuki in 2012/3, the latest Japanese automaker to finally shrug off the combined effects of the double whamm...
Despite strong developing competition, Volvo continues to lead in the car safety technologies. Continued work on the improvement of quality and reliability, and above all the safety of users makes the...
This QUBE report from just-auto provides a comprehensive overview of the global heavy trucks market, major manufacturers, top markets, manufacturing trends and market size forecasts. Use this report t...
After leading the successful expansion of Porsche in China since 2007, Helmut Bröker is to take over as head of the region covering the Middle East, Africa, India, South-East Asia, Australia/New Zeala...
Volvo Cars has reported a break-even result for 2012 with a full-year operating income of SEK18m (US$2.8m) despite economic uncertainty in Europe which significantly impacted sales and earnings. This ...
Volvo Car Group has completed extensive testing of kinetic flywheel technology on public roads - and the results, it claims, confirm that this is a light, cheap and eco-efficient solution....
- THE WEEK THAT WAS: All eyes on Vienna
- VEHICLE ANALYSIS: Volkswagen Polo 1.2 TSI
- VEHICLE ANALYSIS: MY2015 Volvo V60 Polestar
- ANALYSIS: Opel-Vauxhall and Buick's shared future
- Briefing: Supplier industry financial review
- 2014 GUANGZHOU SHOW: World premieres list
- Tesla and BMW in battery talks - reports
- BMW tests Google Glass eyewear for quality checks
- VW Group to invest EUR86bn in next five years
- 2016 Hyundai i20 last to be bought on price: UK MD