GREENSBORO, N.C. – Volvo Group continues to suffer a decline in North American truck deliveries as customers shy away from the more costly 2007 trucks and engines.
Volvo Group’s overall North American deliveries are down 60% compared to last year. Mack Truck deliveries are down 62% in North America compared to last year while Volvo deliveries have seen a 64% decline.
Volvo Group’s global sales have nearly offset the North American declines, with the company experiencing just a 4% drop in deliveries worldwide.
“As a result of the pre-buy in 2006, the significant number of pre-US07 trucks remaining in dealer inventories, lower freight volumes so far this year, and weakness in the housing market, demand for heavy-duty trucks in North America continues to be low,” the company said in a release.
Volvo Group has made a total of 16,643 truck deliveries in North America this year, compared to 41,954 last year.
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