Volvo 2002 Annual Report Download - page 13

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Trucks
The Volvo Group is one of the leading
manufacturers of heavy trucks in the
world. The foundation is established for
aggressive development of new trucks and
services – including systems for telematics
and e-commerce solutions and new forms
of financing.
The three truck brands – Mack, Renault
and Volvo – have highly competitive
products and a worldwide market cover-
age with a substantial potential for prof-
itable growth.
Mack Trucks
Mack Trucks is one of the largest manu-
facturers of heavy-duty trucks and major
product components in North America,
with a market share of 13.4% in the Class
8 segment in the US in 2002. Since its
founding in 1900, Mack has built on its
reputation for strength and durability to
become one of the leading heavy-duty
truck brands in the North American market.
In the US, Mack is the undisputed
leader in the vocational segment, its
Granite series of heavy trucks is intended
for construction and vocational applications.
Mack Freedom is a medium-weight distri-
bution truck. In the highway-vehicle seg-
ment, the Mack Vision tractor is designed
for use in demanding long-haul assign-
ments, while the Mack CH model fills the
need for a product that can handle heavy
regional-distribution loads. A clear majority
of Mack vehicles employ drivelines manu-
factured in-house – a unique feature in the
North American truck industry.
Mack trucks are sold and serviced in
more than 45 countries.
Renault Trucks
Renault Trucks is one of Europe’s largest
truck manufacturers. It traces its origin to
the Berliet and Renault companies found-
ed in 1895 and 1898. With a product
program that ranges from light trucks for
city distribution to heavy long-haul trucks
and military vehicles, Renault can meet
the specific requirements of all types of
road transports, as a truly full range manu-
facturer.
In 2002 Renault Trucks introduced a
fully automated transmission, the optidriv-
er, for the Magnum and Premium ranges.
The vehicle management system,
Infomax, was awarded the Siemens Prize
for innovation.
In 2002, Renault Trucks had 13.2% of
the European market for heavy (>16 tons)
trucks, and 11.0% of the market for me-
dium-heavy trucks.
Renault Midlum, which was launched
in 2000, is a highly flexible truck for me-
dium-heavy transports that was designed
specifically for city traffic. The Renault
Mascott, a light truck, was introduced a
year earlier.
The heavy-duty segment (>16 tons)
includes the new Renault Magnum that
was introduced in 2001. It is designed for
long-haul transports. The Renault
Premium is a versatile truck for use in
both regional transports and long-haul
service. The Renault Kerax, the third
heavy-duty truck model, is a rugged truck
designed for short construction and ser-
vice transports.
Renault Trucks has a strong inter-
national presence, with 2,000 dealers
and service centers throughout the world,
of which 1,350 are located in Europe.
98 99 00 01 02
104.6113.0 115.0 116.6118.8
Net sales*, SEK bn
* Proforma 1998-2000.
98 99 00 01 02
4.0 5.0 2.9 1.0 1.2
Operating income*, SEK bn
* Proforma 1998-2000, excluding restructuring costs.
98 99 00 01 02
3.9 4.4 2.5 0.9 1.0
Operating Margin*, %
* Proforma 1998-2000, excluding restructuring costs.
Net sales as percentage of Volvo Group sales, %
67%