UPDATE 1-Volvo posts surprise fall in truck shipments, U.S. only bright spot

jueves 21 de agosto de 2014 05:01 GYT
 

* Truck deliveries down 9 pct y/y vs forecast rise

* Shipments down in 17 pct in Europe

* Deliveries also slump in Latin America, Asia (Adds Volvo comments, detail, background)

STOCKHOLM, Aug 21 (Reuters) - World number two truck maker Volvo posted a surprise fall in truck shipments in July, hit by slowing economies in Europe, South America and Asia.

Shipments of Volvo, Mack, UD Trucks and Renault trucks fell 9 percent year on year, versus a mean forecast in a Reuters poll of analysts for a rise of 4 percent. (ID:nL5N0QQ3KR]

Volvo said that in Europe, strong figures the previous year due to the introduction of new emission standards had affected the comparison while sluggish economies in countries like France had also had an impact.

"Then Russia has pulled down the whole of eastern Europe," Volvo spokeswoman Kina Wileke said. "It is the unstable political situation and then the whole Russian economy is weak."

Gothenburg-based Volvo said deliveries in its top market, Europe, fell 17 percent while shipments in South America fell 36 percent, mainly affected by Brazil.

Customers there took a cautious stance ahead of a presidential election in the country while Volvo also shut down production there during the football World Cup.   Continuación...