Volvo, the world’s second-biggest truck maker, posted a 20% surge in truck deliveries for the January-July period, boosted by strong markets in Europe and North America, Reuters reported.


However, deliveries in Western Europe failed to match, growing only a modest 4%, the report added.


“What people wonder now is when Western Europe can come back in terms of orders, which is of decisive importance for the next year. The longer it takes, the bigger the risk for 2006,” Evli Bank analyst Anders Berg told the news agency.


Volvo reportedly said on Thursday that it delivered 126,001 trucks in January through July, up from 105,423 units in the same period of 2004.


“This is still a good market, a really good one,” Kaupthing Bank analyst Hampus Engellau told Reuters, adding: “The most interesting thing is that Volvo’s deliveries in Europe have improved, even as they have hiked prices.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The report said deliveries of by the Volvo Trucks brand rose 20% while those of its U.S. Mack brand increased 52%.


“The deliveries reflect the historical high order intake seen in the first several months of this year,” the firm told the news agency. “Order intake has slowed somewhat to a more sustainable pace, but buying interest remains strong and sales results continue to run well ahead of last year.”


Renault Trucks deliveries rose by 8%, Reuters added, noting that the heavy trucks market has been a bright spot in an otherwise sluggish vehicles industry over the past year, with truck makers such as Volvo, DaimlerChrysler and MAN seeing strong demand in North America, Asia and Europe.