STOCKHOLM (Reuters) - Vehicle deliveries by Sweden's Volvo, the world's second-biggest heavy truck maker, rose 22 percent in January through May, Volvo said on Friday.
Truck deliveries in the five-month period amounted to 90,491 units versus 74,134 in the same period of 2004.
Volvo, which also makes buses and construction equipment, said order bookings for its truck operations were up 12 percent in the past 12 months compared with the preceding year.
Orders were down 5 percent in Europe, but rose 31 percent in North America, it added.
"I think we have probably seen the worst of the negative order intake in Europe now," an auto analyst said.
The Volvo group includes the Renault and Mack truck brands, as well as vehicles sold under its own name, following its acquisition of France's Renault VI in 2001.