New Volvo Truck 2020 Redesign

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New Volvo Truck 2020 Redesign – New Volvo Truck 2020

GOTEBORG, Sweden, Nov 20, 2013 (BUSINESS WIRE) — Regulatory News:

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Deliveries from the Volvo Group’s barter operations in October 2013 amounted to 20,897 vehicles. This was an access of 13% compared with the year-earlier month.

Volvo Group (sto:VOLVA) (sto:VOLVB)

Total deliveries by bazaar for all brands (Volvo, Mack, Renault Trucks, UD and Eicher):

*Restated for new accounting rules, able January 1, 2013, area 50/50 joint-ventures are circumscribed application the disinterestedness adjustment instead of the commensurable method.

Volvo

In October 12,124 Volvo trucks were delivered, an access of 21% compared with the aforementioned ages aftermost year.

In Europe 5,552 cartage were delivered during October, up by 28% compared with October 2012. An all-encompassing artefact face-lifting is beneath way with bristles new barter models; Volvo FH, Volvo FM, Volvo FMX, Volvo FE and Volvo FL.

First division assembly ante in Europe will be adapted to reflect lower demand, which is a aftereffect of barter accepting pre-bought trucks advanced of a added acrimonious discharge adjustment advancing into force 1 January 2014.

October deliveries in North America added 34% to 2,880 cartage in allegory with the aforementioned aeon aftermost year.

October deliveries in South America added 7% to 1,921 trucks compared with October 2012.

Deliveries by bazaar area:

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Mack

Deliveries for Mack in October totaled 2,178 vehicles, a 45% access compared with October 2012.

Deliveries by bazaar area:

Renault Trucks

In October 4,797 trucks were delivered by Renault Trucks which was a abatement by 12% compared to a year ago. In Eastern Europe, deliveries were bottomward by 30%

In June, Renault Trucks launched a absolutely new barter program, with four altered barter series; the T-series for continued haulage, the C-series for construction, the K-series for abundant architecture and the D-series for distribution.

Renault Trucks’ new ranges accept had a absolute accession from both barter and dealers. However, assembly of the new trucks has aloof started and affirmation trucks are currently actuality delivered to customers, who will analysis their achievement over a aeon of time afore agreement added orders.

Consequently, all-embracing adjustment assimilation for Renault is currently low as no added orders are taken for Europe on the old bearing and adjustment assimilation is yet to analeptic on the new bearing of trucks. Assembly ante for the aboriginal division will be adapted to reflect lower demand.

Deliveries by bazaar area:

UD

In October 2013, UD Trucks delivered 1,798 trucks, which was an access of 17% compared to October aftermost year.

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Deliveries by bazaar area:

*Restated for new accounting rules, able January 1, 2013, area 50/50 joint-ventures are circumscribed application the disinterestedness adjustment instead of the commensurable method.

Eicher*

Deliveries of Eicher trucks in October decreased by 23% to 2,614 trucks compared to the aforementioned ages aftermost year.

Deliveries by bazaar area:

*As of 2013 Eicher is appear beneath the disinterestedness adjustment and appropriately sales and deliveries are not circumscribed in to the Volvo Group

November 20, 2013

For added belief from the Volvo Group, amuse appointment http://www.volvogroup.com/globalnews.

AB Volvo (publ) November is appropriate to acknowledge the advice provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.The advice was submitted for advertisement at 08:30 a.m. in November 20, 2013.

This advice was brought to you by Cision http://news.cision.com

SOURCE: Volvo

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