Volvo & Mack Score Big Volumes

March 19, 2004
Volvo Group, which includes Volvo Trucks, Mack Trucks, and Renault, released its February deliveries report indicating North America— its second largest market— received 45% more trucks than in February 2003. The steep increase in delivery reflects market enthusiasm for an economic rebound here. Total North American deliveries are 6,116— or 24% of its world market. Its Western European market was

Volvo Group, which includes Volvo Trucks, Mack Trucks, and Renault, released its February deliveries report indicating North America— its second largest market— received 45% more trucks than in February 2003. The steep increase in delivery reflects market enthusiasm for an economic rebound here.

Total North American deliveries are 6,116— or 24% of its world market. Its Western European market was stagnant, however. With 13,768 deliveries in Western Europe, which makes the region by far its largest market, it comprises 53% of Volvo Group’s worldwide share.

Mack Trucks posted the largest increase percentage-wise (27%), as a result of its strong base in North America. Mack delivered 3,001 units in the region. Overall deliveries of Volvo Trucks saw a more modest increase of 18%. However, in North America it saw a 71% boost in deliveries to 3,038 units. Renault Trucks posted a slight 6% increase, as a result of flat-lining sales in its European base.

“Deliveries continued to develop strongly also in February. This applies mainly to North and South America as well as the Middle East, driven by a strong trend in Iran,” said Leif Johansson, president & CEO of the Volvo Group.

Voice your opinion!

To join the conversation, and become an exclusive member of FleetOwner, create an account today!

Sponsored Recommendations

Report: The 2024 State of Heavy-Duty Repair

From capitalizing on the latest revenue trends to implementing strategic financial planning—this report serves as a roadmap for navigating the challenges and opportunities of ...

Fleet Industry Benchmarks: How does your fleet stack up?

Discover how your fleet compares to industry benchmarks and gain insights from a 2024 Benchmarking Report on maintenance spend, turnaround time, and more. Join us to identify ...

Build a Tolling Program to Manage Toll Fees and Risks

Fleets looking to effectively manage their operational costs should consider their tolling costs. Download the PrePass whitepaper, “Build a Tolling Program to Manage Toll Fees...

Reducing CSA Violations & Increasing Safety With Advanced Trailer Telematics

Keep the roads safer with advanced trailer telematics. In this whitepaper, see how you can gain insights that lead to increased safety and reduced roadside incidents—keeping drivers...