Volvo says truck sales still strong

Aug. 26, 2005
DALLAS. Volvo Trucks North America reports that Class 8 truck sales remain robust in the U.S. market and, despite tapering off slightly from last year’s high rate, are projected to stay healthy well into 2006

DALLAS. Volvo Trucks North America reports that Class 8 truck sales remain robust in the U.S. market and, despite tapering off slightly from last year’s high rate, are projected to stay healthy well into 2006.

“We are still getting a lot of price requests and orders,” said Scott Kress, Volvo’s vp-sales and marketing, here at the Great American Trucking Show. “Our deliveries through July this year topped 14,689 units and our market share overall has picked up three percentage points since 2002 and three-tenths of a percent since 2004, putting us at a 10.3% share in the U.S. Class 8 market.”

In response to steady demand, Volvo plans to boost production at its New River Valley, VA, truck plant from 128 to 143 units per day by mid-September, Kress said. In addition, by the end of the year, all D12 and D16 Volvo engines for its U.S. trucks will be built at the OEM’s Hagerstown, MD, plant, rather than at the Volvo plant in Sweden. He pointed out that this move will cut six weeks out of Volvo’s order-to-delivery time.

Kress added that the OEM is not seeing any significant “pre-buy” in regard to the impending introduction of new emission rules in 2007. “The demand we are seeing now is mostly for replacement equipment, with some to handle fleet expansion,” he said. “However, the continuing driver shortage is really restricting expansion efforts by many fleets,” he added.

About the Author

Sean Kilcarr | Editor in Chief

Sean previously reported and commented on trends affecting the many different strata of the trucking industry. Also be sure to visit Sean's blog Trucks at Work where he offers analysis on a variety of different topics inside the trucking industry.

Sponsored Recommendations

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...

80% Fewer Towable Accidents - 10 Key Strategies

After installing grille guards on all of their Class 8 trucks, a major Midwest fleet reported they had reduced their number of towable accidents by 80% post installation – including...

Proactive Fleet Safety: A Guide to Improved Efficiency and Profitability

Each year, carriers lose around 32.6 billion vehicle hours as a result of weather-related congestion. Discover how to shift from reactive to proactive, improve efficiency, and...

Tackling the Tech Shortage: Lessons in Recruiting Talent and Reducing Turnover

Discover innovative strategies for recruiting and retaining tech talent in the trucking industry during this informative webinar, where experts will share insights on competitive...

Voice your opinion!

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