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.
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.
The 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.