Deliveries for Mack Trucks Increase While Orders Decrease

21 Jul, 2019 | posted in: News | 0
Deliveries for Mack Trucks Increase While Orders Decrease

Deliveries for Mack Trucks, one of the leading manufacturers of heavy duty Class 8 trucks in North America and a subsidiary of The Volvo Group, have seen a significant uptick in the first half of 2019 compared to the previous year’s deliveries.

The second quarter of 2019 was the best ever for the company in terms of net sales (which are recorded upon delivery) and adjusted operating income. Mack delivered a total of 7,948 vehicles in the second quarter of 2019, marking a 26 percent increase from the second quarter of 2018, when 6,300 vehicles were delivered. The growth was even larger during the first half of 2019, in which 15,569 vehicles were delivered, a 38 percent increase over the 11,260 delivered in the first half of 2018.

On the other hand, orders for Mack vehicles have taken a hit: 3,755 in the second quarter of 2019 (down 29 percent from 5,292 in the second quarter of 2018) and 6,998 in the first half of 2019 (a decrease of 54 percent from 15,244 orders placed in the first half of 2018).

WFMZ reports that Mack believes the decline in orders to be a reflection of a particularly strong 2018, when many customers ordered everything they needed for the following year—as well as a cautiousness regarding what the economic situation will look like in 2020.

In addition to the increased deliveries, Volvo Group President and CEO Martin Lundstedt announced the launch of a new electric vehicle:

“We also unveiled the Mack LR battery electric vehicle, which the New York City Department of Sanitation will begin testing in 2020. An important step in creating a viable electric platform is the strategic alliance which we have entered into with Samsung SDI covering the joint development of battery packs for our trucks.”