Truck deliveries up 81% for Volvo

Jul 07 | 2011

Volvo TruckVolvo Trucks’ global deliveries in the first quarter of 2011 were 81% higher than in the corresponding period last year and the company showed an increase in all major markets.

Deliveries to Europe increased gradually during the first quarter of 2011 and amounted to 11,084 trucks by the end of March, which is an increase of 123% compared to the first quarter of 2010. The important German market, where Volvo Trucks has strengthened its market position in 2011, noted especially strong growth. Great Britain and France also showed very positive development during this period.

All in all, deliveries in Western Europe during the first quarter totalled 8,223 trucks, which was 107% higher compared with the same period in 2010.

Truck deliveries to Eastern Europe continued to increase compared to 2010 and were 187% higher than in the first quarter of 2010. Developments in Russia and Poland, the largest Eastern European markets for Volvo Trucks, were especially positive.

Up to and including March 2011, deliveries to South America totalled 5,439 trucks, an increase of 31%.

In all, Europe and South America are still the largest markets when it comes to the number of delivered trucks. However, the strongest percentage growth to the end of March was noted in North America.