Volvo truck deliveries halved in February

Volvo truck deliveries halved in February Stockholm - Swedish heavy vehicle maker Volvo on Tuesday reported a 51 per cent drop in year-on-year truck deliveries for February.

In all, the group delivered 10,863 vehicles.

The decline impacted all markets except Africa, where deliveries were higher than a year ago, the group said.

In Europe, demand remained low, and deliveries fell 68 per cent. However, the drop was 90 per cent in Eastern Europe.

The Volvo group does not include the Ford-owned car division.

The group reported a similar 51 per cent year-on-year drop for January. (dpa)

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