Volvo 2004 Annual Report Download - page 23

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21
launched and at the same time, the prod-
uct portfolio was extended with the new
Renault Puncher, a low entry truck target-
ed for applications like refuse collection,
powered by diesel, GNV (Vehicular
Natural Gas) or electric mode.
In the beginning of 2005, Renault
Trucks plans to lauch a new version of its
Renault Magnum truck with new engine
and gearbox and extensive driver environ-
ment improvements.
Renault Trucks’ deliveries during 2004
amounted to 70,486 vehicles, an
increase of 14%. Deliveries to Eastern
Europe rose by 24%. In Western Europe
deliveries of Renault trucks increased by
9%, while deliveries in other parts of the
world rose by 43%.
Volvo Trucks
Volvo began manufacturing trucks in
1928 and specializes in heavy trucks,
with gross vehicle weight above 16 tons.
Volvo Trucks products are marketed in
more than 130 countries. The greater
part of the sales takes place in Europe,
North and South America and Asia.
In the beginning of 2005, Volvo Trucks
Number of vehicles delivered
2003 2004
Western Europe 82,672 90,746
Eastern Europe 9,411 11,920
North America 34,756 49,273
South America 5,976 9,190
Asia 16,286 24,881
Other markets 6,888 7,209
Total 155,989 193,219
Largest markets
2003 2004
Registered Market Registered Market
heavy trucks share % heavy trucks share %
Volvo Trucks
US 13,711 9.7 20,323 10.0
Iran 5,463 n/a 9,979 n/a
Brazil 4,713 13.1 6,354 13.1
Great Britain 5,855 17.1 5,658 16.6
France 4,222 11.5 4,722 12.3
Germany 4,250 9.2 4,584 8.5
Spain 3,861 14.4 4,317 14.9
Canada 2,232 9.9 3,374 11.1
Renault Trucks
France 13,205 36.0 13,702 35.7
Spain 4,429 16.7 5,065 17.7
Great Britain 1,389 4,1 1,622 4.8
Germany 979 2.1 943 1.8
Mack Trucks
US 15,146 10.7 20,670 10.2
Canada 1,697 7.5 1,809 6.0
presented the new truck model Volvo
VT880 in Phoenix, Arizona. Volvo VT880
is developed for the North American mar-
ket and is built in the New River Valley
plant in Virginia, USA. The New Volvo
VT880 is the first Volvo truck on the
North American continent equipped with
Volvo’s new 16-liter engine, the same
engine that was launched in 2003 in
Europe and other markets.
During the year, Volvo Trucks con-
tinued to implement its European retail
strategy.