Volvo truck deliveries increased 4% in Aug.
September 18,2008
World number two truck maker Volvo said on Wednesday deliveries of its trucks rose 4 percent year-on-year in August as increased shipments in Asia offset declines in Europe and North America
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Volvo, which sells trucks under the Renault, Nissan Diesel and Mack brands as well as its own name, said in a statement, deliveries in its biggest market, Europe, fell 10 percent while they fell 18 percent in North America.
In Asia, home to a bigger share of the group's business following the acquisition last year of Nissan Diesel, deliveries shot up 48 percent from a year ago, Volvo said.
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