Volvo 2009 Annual Report Download - page 44

SEGMENTS 2009
Volvo Trucks 2008 2009
Light trucks
(under 7 tons) – –
Medium trucks
(7–16 tons) 3,188 1,556
Heavy trucks
(over 16 tons) 10,764 45,855
Total 105,952 47,411
new trucks dropped by 55%, sales of spare
parts only declined by a few percent.
Long-term view on product renewal
During 2009, Volvo Trucks continued to launch
new products globally in line with its long-term
plans. Focus during the year was on the launch
of the new generation of Volvo FH and Volvo
FM on the markets outside Europe and North
America. It is of great importance to secure
long-term competitiveness by protecting impor-
tant projects and investments in product devel-
opment.
Mack Trucks 2008 2009
Light trucks
(under 7 tons) – –
Medium trucks
(7–16 tons) 5 1
Heavy trucks
(over 16 tons) 16,608 11,10 0
Total 16,613 11,101
Renault Trucks 2008 2009
Light trucks
(under 7 tons) 21,305 13,993
Medium trucks
(7–16 tons) 10,467 5,556
Heavy trucks
(over 16 tons) 44,707 17,936
Total 76,479 37,485
Total solutions with nancing, leasing and
service contracts grow continuously. A positive
effect is that the aftermarket business is much
less sensitive to changes in the economic cli-
mate than the sale of new trucks which, to
some extent, may balance the impact on prof-
itability that comes from the lower sales of
new trucks in a downturn.
Active role in societies’ development
Volvo Trucks takes an active part in the debate
and the opportunities regarding the develop-
ment of transport solutions for a sustainable
society. This encompasses everything from
safety development, emissions regulations and
the development of alternative drivelines, such
as hybrids, and alternative fuels, such as Bio-
DME, to CO2-neutral factories.
Renault Trucks
The year 2009 was a demanding one for the
truck industry. Production rates in Renault
Trucks’ plants were substantially lowered com-
pared to 2008.
Securing the company’s future
The company had to adapt to a level of order
intake that stayed at a very low level during the
entire year. Early in the year contracts with
temporary employees were not prolonged, as
a continuation of measures already started in
the fourth quarter of 2008, and short time
work was implemented for blue and white col-
lar workers across the business. Employees
working on essential future projects were not
impacted by the short time measures. Focus
was also on the further reduction of selling
and administration expenses.
Better fuel efficiency, lower
environmental impact, lower costs
Renault Trucks focuses on reducing fuel costs
for its customers and lowering the emissions
of CO2. During the year, the comprehensive
solution, Renault Premium Optifuel, was
launched. It consists of Renault Premium with
efcient driveline, the software Infomax for
better managing the performance of the
ve hicle, aerodynamic accessories and last but
not least, an ecodriving training for drivers and
fleet managers.
In the light range, Renault Trucks launched
an all electrical Renault Maxity, with a range of
100 km, a maximum speed of 90 km/h and
which is rechargeable overnight.
The tests of medium-duty trucks equipped
with the parallel hybrid system continued dur-
ing 2009 with one Renault Premium refuse
truck in Lyon, France, another Renault Pre-
mium delivering beverages for Coca-Cola in
Brussels, Belgium and a third working for the
road construction company Colas. These tests
are a big step forward in fuel efciency,
reduced environmental impact and an improved
image for the customers.
UD Trucks
Nissan Diesel became a part of the Volvo
Group in 2007 and works as en engine to drive
the Group’s development in Asia. For more
than 70 years, Nissan Diesel has developed
and marketed a broad range of light, medium-
duty and heavy-duty trucks, as well as buses,
bus chassis, engines, vehicle components and
specialized vehicles. In February, 2010, Nissan
Diesel changed its name to UD Trucks Corpo-
ration.
Lower inventories and better
cost coverage
UD Trucks moved quickly to reduce its truck
inventories by reorganizing its production sys-
tem in response to the contraction of the glo-
bal truck market. The quick action resulted in
improved cash flow. In addition, steps were
taken to restructure the wholly-owned dealer
system in Japan.
In order to expand its soft product business,
the previous sales system centered on new
vehicle sales was changed to a structure
focused on vehicle servicing, parts and used
vehicle sales. Business operations were
streamlined by consolidating or closing unprof-
itable outlets and reducing the workforce.
Increased market share
In 2009, the Japanese government imple-
mented a subsidy program to encourage pur-
VECV12008 2009
Light trucks
(under 7 tons) 407 1,113
Medium trucks
(7–16 tons) 2,061 7,889
Heavy trucks
(over 16 tons) 276 1,174
Total 2,744 10,175
1 VE Commercial Vehicles is consolidated (50%) into the
Volvo Group from August 1, 2008.
UD Trucks 2008 2009
Light trucks
(under 7 tons) 18,661 8,248
Medium trucks
(7–16 tons) 15,095 6,651
Heavy trucks
(over 16 tons) 15,607 6,610
Total 49,363 21,509
Deliveries by segment
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