Volvo 2005 Annual Report Download - page 63

Download and view the complete annual report

Please find page 63 of the 2005 Volvo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 162

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162

Volvo Group 2005 59
Number of vehicles delivered
2004 2005
Western Europe 90,746 91,087
Eastern Europe 11,920 12,535
North America 49,273 64,974
South America 9,190 11,248
Asia 24,881 25,706
Other markets 7,209 8,829
Total 193,219 214,379
Largest markets
2004 2005
Registered Market Registered Market
heavy share, heavy share,
trucks % trucks %
Volvo Trucks
US 20,323 10.0 26,446 10.5
Iran 9,979 n/a 10,830 n/a
Great Britain 5,658 16.6 6,011 16.8
Brazil 6,354 13.1 5,944 13.6
France 4,722 12.3 5,627 12.2
Germany 4,584 8.5 3,991 7.1
Spain 4,317 14.9 4,420 13.9
Canada 3,374 11.1 3,316 9.6
Renault Trucks
France 13,702 35.7 14,485 31.3
Spain 4,910 17 5,258 16.6
Italy 1,987 8.1 1,974 7.7
Great Britain 1,622 4.8 1,387 3.9
Germany 944 1.7 1,033 1.8
Mack Trucks
US 20,670 10.2 27,303 10.8
Canada 1,767 5.8 2,285 6.6
In October, Mack Trucks took the largest
step to date in the renewal of its product line
with the launch of two model series, Mack
Pinnacle and Mack Granite, and a new line of
heavy-duty diesel engines.
The new trucks are based on the Advantage
and Cornerstone chassis introduced in 2004
and early 2005, which means that Mack
Trucks’ range in construction and highway
transport will be completely renewed when
Mack shifts to the new engine generation in
the beginning of 2007.
The new engine series, Mack Power (MP),
features many different engine alternatives
and is the key in Mack Trucks’ solution to
the new emission standards that become
effective in January 2007. The first engine
introduced is the 11-liter MP7, which meets
current standards and will be sold in 2006.
This will be followed by an upgraded version
of the MP7 and a new 13-liter engine, MP8,
which meet the emission standards that
become effective in 2007.
New products from Renault Trucks
With a product range stretching from light
commercial vehicles for city distribution to
heavy trucks for long-distance transport,
Renault Trucks is equipped to meet the
demands placed on various types of highway
transportation.
Renault Trucks has a strong market pres-
ence, with 1,350 dealerships and ser vice loca-
tions in Europe and 650 in the rest of the
world.
The total renewal of the product range,
which began at the end of 2003 and continued
through 2004, was completed in 2005 with
the new Renault Magnum and Renault
Premium Route.
The Volvo Group is the world’s second
largest manufacturer of heavy trucks.
During 2005, an extensive renewal
of the product line within the Groups three
brands , M ack , Renaul t Truck s a nd Vol vo, wa s
carried out.
With the new trucks, the Groups truck oper-
ations are improving their rankings in a number
of key segments and further strengthening
competitiveness.
Renewed product line from
Mack Trucks
Mack Trucks is one of the leading producers
of heavy-duty trucks in North America. Since
its founding, Mack Trucks has focused on
power and reliability, which has contributed
to making the company one of the strongest
heavy-duty truck brands in the North American
market. In the US, Mack Trucks is the predom-
inantly leading producer of trucks in the con-
struction, economic haul and refuse segments.
In total, Mack Trucks has sales and service in
more than 45 countries.
Mack Trucks deliveries rose 42% to 36,222
trucks in 2005, compared with 25,469 trucks
in the preceding year. The improved sales
are the result of increased demand in Mack
Trucks’ core segments in North America.
The positive development of the American
economy fueled a high pace of activity in the
construction and transport industries, which
consequently resulted in Mack Trucks posting
historically high order bookings at the begin-
ning of 2005. When the industry’s production
capacity for 2005 reached its ceiling, custom-
ers became more cautious with ordering
trucks for delivery in 2006. Demand slowed
to more sustainable levels during the rest
of the year, but remained highly favorable
bolstered by the strong economy in the US.