Volvo Trucks’ global deliveries in January rose 5% year on year to 6,822 units.
Deliveries in Europe rose 6% to 2,961 trucks but fell 3% in the west “due to continued uncertainty in terms of economic development”, the company said.
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In Russia, demand “remained favourable” and deliveries rose to 285 trucks versus 125 in January 2011. Eastern Europe deliveries rose 39% last month.
Deliveries in South America declined 18% to 1,042 trucks in January due to tougher emission standards starting on the first of the month.
In North America, January deliveries rose 15% to 1,582 trucks despite the postponement of some deliveries due to a defective component supplied to Volvo and several other North American manufacturers. This impact was expected to continue in February, with recovery thereafter.
“Underlying demand remains at a good level, driven primarily by the need to replace the industry’s aging highway truck population,” Volvo said.
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By GlobalDataThe truckmaker claimed it was continuing to win over new customers with the fuel economy and performance of its proprietary engines and ‘I-Shift’ automated manual transmission.
