November 20, 2013
The truck maker says sales in North America increased 47 percent during the period, up to 4,857 trucks.
October deliveries of Volvo branded trucks in North America increased 34 percent to 2,880 vehicles in comparison with the same period last year. Deliveries of Mack branded trucks jumped a whopping 83 percent in October. Mack delivered 1,931 trucks in North America last month compared to 1,056 in October 2012.
Due to a forecast for weak demand in Europe in 2014, Volvo plans to trim production on the continent, adding first quarter production rates in Europe will be adjusted to reflect lower demand – a consequence of customers having pre-bought trucks ahead of a more stringent emission regulation coming into force 1 January 2014.
Volvo is the second truck marker to report stellar October numbers. Earlier this month, Navistar said it followed up near-record September orders with what Bill Kozek, president of North America Truck and Parts, Navistar, called a “strong” October.
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