Chrysler 2010 Annual Report Download - page 125

REPORT ON
OPERATIONS
124
OPERATING
PERFORMANCE:
DISCONTINUED
OPERATIONS
Iveco delivered a total of 6,780 buses during the year, down 12.8% over 2009.
In China, Naveco – the 50/50 joint venture with Nanjing Automotive Corporation (controlled by the SAIC Group)
– sold 32,081 light vehicles in the Power Daily range (up 28.1% over 2009) and 66,566 medium vehicles in the
Yuejin range (up 31.4% over 2009).
In 2010, SAIC Iveco Hongyan Commercial Vehicles Co. Ltd. (33.5% owned by Iveco), sold 30,509 heavy
commercial vehicles, representing a 55.7% increase over the previous year.
Including LSVs (for agricultural use), the two joint ventures sold a total of 140,608 units, up from 106,695 in
2009 (+31.8%).
Commercial Vehicle Sales – by country
(units in thousands) 2010 2009 % change
France 18.3 15.0 22.3
Germany 14.7 11.1 31.9
UK 5.1 3.7 36.9
Italy 21.7 21.7 -0.1
Spain 7.4 5.3 40.8
Rest of Western Europe 11.1 10.0 11.9
Western Europe 78.3 66.8 17.3
Eastern Europe 11.5 8.1 41.6
Rest of the World 39.8 29.0 37.3
Total Sales 129.6 103.9 24.8
Naveco 98.6 75.7 30.3
SAIC Iveco Hongyan 30.5 19.6 55.7
Grand Total 258.7 199.2 29.9
Commercial Vehicle Sales – by product
(units in thousands) 2010 2009 % change
Heavy 28.2 22.1 27.6
Medium 18.1 12.0 51.3
Light 71.9 57.4 25.3
Buses 6.8 7.8 -12.8
Special vehicles (*) 4.6 4.6 -0.2
Total Sales 129.6 103.9 24.8
(*) Astra, defence, fire trucks