Volvo Trucks deliveries down 31% year on year
Deliveries in the month of January were down 31% compared to the year-earlier period. Deliveries in January this year were impacted by extra stop days in production over Christmas and New Year in both Europe and North America.
The deliveries in Europe decreased by 41% in January compared with the corresponding period last year.
Deliveries in North America were down 20% compared with year earlier period. The decrease was due to lower production volumes compared with the year-earlier period.
The deliveries in Brazil increased in January by 214%. This is mainly an effect of the strong Brazilian economy, tax incentives and subsidized financing.
To respond to a slightly improved demand in Europe and a significant improvement in South America, Volvo Trucks is now gradually increasing production rates.
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