Volvo says Jan truck shipments tumble 51 pct yr/yr

Newswire

STOCKHOLM, Feb 24 (Reuters) - World number two truckmaker Volvo's truck deliveries plunged 51 percent year-on-year in January as demand evaporated across all its main markets due to economic downturn, the company said on Tuesday. Volvo, which sells trucks under brands such as Renault, Nissan Diesel and Mack as well as its own name, said in a statement deliveries in its biggest market, Europe, fell 54 percent while they were down 67 percent in North America.

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