Photo: Volvo Trucks
Volvo Trucks has announced that its deliveries have decreased 19% in September 2012 compared to a year ago to 8,646 vehicles in a single month. Due to widespread weakness in the economy, European demand was down 9% compared to the same month in 2011.
Western Europe was down 16% because manufacturers would not buy new trucks due to uncertainty, but Eastern Europe was actually up 7% to 1,365 trucks in September 2012, mainly due to the growing Russian market.
Meanwhile, North America saw its demand for Volvo’s towers decrease 32% to 1,844 vehicles by comparison with September last year. But it was the Asian region that saw the biggest decline last month, as deliveries totaled 847 trucks, 44% less than in September 2011. A market slowdown in parts of the region as well as declining construction activity in China contributed to the decrease.
Meanwhile, North America saw its demand for Volvo’s towers decrease 32% to 1,844 vehicles by comparison with September last year. But it was the Asian region that saw the biggest decline last month, as deliveries totaled 847 trucks, 44% less than in September 2011. A market slowdown in parts of the region as well as declining construction activity in China contributed to the decrease.
Google News