Deliveries in the month of November were down 59% compared to the year-earlier period. The deliveries in the month of November decreased with 16% compared with the month of October.
The deliveries in Europe decreased with 65% in the month of November compared to the year-earlier period. For Volvo Trucks, the inventory of new and used trucks is now more or less in balance with current demand. However, for the industry as a whole, there is still excess inventory.
In North America the deliveries in November were down with 51% compared to the year the year-earlier period. No clear signs of a sustainable recovery in truck demand are noted as of yet.
Deliveries by market area:
| Delivered Units |
November |
Change |
Year-to-Date |
Change |
||
| Volvo Trucks |
2009 |
2008 |
2009 |
2008 |
||
| Europe |
1 533 |
4 333 |
-65% |
17 624 |
54 272 |
-68% |
| Western Europe |
1 163 |
3 564 |
-67% |
14 935 |
37 911 |
-61% |
| Eastern Europe |
370 |
769 |
-52% |
2 689 |
16 361 |
-84% |
| North America |
707 |
1 430 |
-51% |
6 833 |
14 496 |
-53% |
| South America |
1 089 |
1 115 |
-2% |
8 900 |
11 742 |
-24% |
| Asia |
447 |
2 150 |
-79% |
4 940 |
11 589 |
-57% |
| Middle East |
138 |
1 811 |
-92% |
2 421 |
7 489 |
-68% |
| Other Asia |
309 |
339 |
-9% |
2 519 |
4 100 |
-39% |
| Other markets |
225 |
753 |
-70% |
3 471 |
5 009 |
-31% |
| Total Volvo Trucks |
4 001 |
9 781 |
-59% |
41 768 |
97 108 |
-57% |
| Light duty (< 7t) |
n.a. |
n.a. |
||||
| Medium duty (7-16t) |
145 |
292 |
-50% |
1 387 |
2 957 |
-53% |
| Heavy duty (>16t) |
3 856 |
9 489 |
-59% |
40 381 |
94 151 |
-57% |
| Total Volvo Trucks |
4 001 |
9 781 |
-59% |
41 768 |
97 108 |
-57% |
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