Volvo trucks sales decreased by 10% in October 2012

Article by Anita Panait, on November 19, 2012

Volvo reported a 10% decrease of its deliveries for the month of October to 10,051 units compared with the same month in 2011. Meanwhile, its October 2012 deliveries in Europe fell by 6% to 4,350 trucks compared to October 2011. The ongoing slowdown of the financial situation and doubts about the future business status in the region are obviously having a negative effect on truck sales.

Volvo production in Europe has been cut by eliminating some shifts and making use of stop days for the rest of the year to coincide with the decreased demand in the third quarter. In Asia, October deliveries fell by 15% to 1,211 units in total, compared to October 2011.

In North America, October deliveries declined by 14% to 2,144 vehicles compared with the same month last year. The overall demand has slowed, due to the persistent uncertainty in the economy.

In South America, deliveries fell by 13% compared with the same month last year. The decline is mainly due to the slow economic growth in 2012. But there are indications that the demand is rising as a result of the Brazilian government stimulus package.

Topics: volvo, sales

If you liked the article, share on:

Comments

Recommended

When Chevrolet came out with the 2018 Equinox last September, the facelifted model was offered in a diesel option for the first time, plus it weighed much less at 400...
by - July 23, 2017
If you are a huge fan of the hardcore GTS version, you probably know that the closest you could get to that model is the upgraded model of the M4...
by - July 23, 2017
Audi’s intention to bring out the Renn Sport Racing version of the Q5 was made clear when it unveiled the Audi SQ5 at the 2017 Detroit Motor Show early this...
by - July 22, 2017
Kia’s Sorento midsize sports utility vehicle is reaching its mid-cycle for the 2018 model year. Thus, its fans, enthusiasts and satisfied customers are expecting the Sorento to receive an update...
by - July 22, 2017
The Lotus Evora Sport 410 astonished the world after arriving as the more powerful and lighter edition of the already impressive Evora 400. Now, Lotus Cars is throwing in another...
by - July 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries