STOCKHOLM, Sweden — Deliveries from Volvo Trucks in January 2001 totalled 5,294 trucks, with sales in North America of 1,244 units, down from 1,552 in January 2000.
Volvo AB says that in Europe in the period, it sold 3,704 trucks compared to 2,704 a year earlier.
In South America, it sold 300, compared to 147 a year earlier, and in Asia, it sold 284 in January, compared to 158 a year earlier.
The company notes that deliveries increased in all areas except North America.
It noted that, “as a result of a continued weak demand in North America, the production capacity has been further reduced at Volvo Trucks North America and 400 people have been notified about redundancy. The order intake decreased by 10 per cent compared with last year.”
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