UPDATE 1-Volvo sees May truck shipments pick up 49 pct

Newswire

* Demand in Europe, North America continues to surge * Asia deliveries fall, affected by Japan quake aftermath * Shares open up slightly against fall in wider market STOCKHOLM, June 17 (Reuters) - World number two truckmaker Volvo said shipments of its trucks rose 49 percent year on year in May, as demand continued to increase in North America and Europe after the downturn. Volvo was hit hard by the downturn, but most markets have picked up in recent quarters. In North America, where ...

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