UPDATE 1-Volvo truck shipments down 54pct in July


* Volvo July truck deliveries fall 54 pct yr/yr in July * Annual decline in line with aggregate fall in Jan-July * Shipments down 66 pct yr/yr in Europe (Adds detail, background) STOCKHOLM, July 27 (Reuters) - World number two truck maker Volvo AB said on Thursday its truck shipments fell 54 percent year-on-year in July as the economic downturn weighed on demand for commercial vehicles across the globe. Volvo, which sells trucks under brands such as Renault, Nissan Diesel and Mack ...

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