Volvo Trucks with a delivery increase of 19% in the year 2022 has given a hopeful prospect to the trucking industry for the current year.
As compared to the 122,525 trucks delivered in 2021, the company delivered 145,195 trucks in 2022. Also, the company has increased its market share in the segment of heavy trucks across 41 countries.
It is pertinent to mention that despite the supply chain shortages and turbulences in production, Volvo managed to live up to the expectation of their customers by ensuring timely deliveries.
A look at the numbers in different parts of the world indicates towards the new records set up by Volvo Trucks. The company with its market share of 18.2% in Europe has registered an incredible increase in various European countries. In addition, the market shares have touched 10.8%, 17% and 24.6% in North America, Australia and Brazil respectively.
In Europe, Volvo Trucks has a market share of 18.2%, which is the highest ever. Volvo Trucks is the market leader in several European countries. The company also increased its market shares in North America and Australia, to 10.8% and 17.0% respectively. In Brazil, Volvo Trucks increased its market share to 24.6% and thereby became the market leader for the first time ever.
