Total deliveries of trucks from the Volvo Group's three truck companies increased 22% through October 2004, compared with the year-earlier period. Deliveries from Mack rose 30%, while deliveries from Renault Trucks were up 17%. Deliveries from Volvo Trucks climbed 25% during the period.
“In October, we delivered 19,000 trucks, which is the highest number so far,” said Leif Johansson, Volvo chief executive officer. “Our industrial system is working well, and we are capable of meeting the strongly rising demand in a very good way.”
During the past 12 months, order bookings for the group's truck operations were 42% higher versus the preceding year. Orders were up 15% in Europe, while the increase in North America was 101%.
Deliveries from Mack through August totaled 20,254 trucks, up 30% from the same period a year ago. Demand for Mack's vocational products remains robust. Demand for Mack's highway tractor products also reflects the strong truck market, but it is running behind the rapid pace of the vocational segment.
Renault truck deliveries through October totaled 56,430 trucks, a rise of 17% compared with the corresponding period the preceding year. All models from the lightest to the heaviest posted increased sales figures.
Volvo Trucks deliveries during the period January — October amounted to 76,117 vehicles, a gain of 25% compared with the year-earlier period. The favorable delivery trend has continued, and all markets posted higher deliveries.