Volvo Trucks was the heavy truck market leader in Europe in 2024, for the first time, with an overall market share of 17.9% and a total of 56,331 trucks registered within the region.
The markets with the most registered Volvo trucks during the year were the UK, France, Germany, Poland and Spain, according to the truckmaker.
”We are very proud to be the market leader in Europe. This is clear proof that our customers appreciate the fuel efficiency, safety and uptime of our trucks and that we have a very attractive product offering,” said Roger Alm, President Volvo Trucks.
“Our new FH Aero trucks that were launched in 2024 are just outstanding. These trucks are available with electric, gas and diesel powertrains and they have quickly become very popular on the market.
“Transport companies choose Volvo because our products and services help them grow their business and reduce CO2. I wish to extend a big thank you to our customers for their trust in us, and also to our dealers, suppliers and our colleagues within the Volvo Group for this achievement.”
Globally, Volvo Trucks increased its market share in 25 countries throughout 2024. In Brazil, Volvo was the heavy truck market leader for the third year in a row with a market share of 23.7%, and the flagship Volvo FH was the most-sold truck model of all brands. In Australia, Volvo’s market share was 18.2% and in North America (US and Canada) the company achieved a market share of 10.5%.
“We stand stronger than ever thanks to the complete renewal of our global product portfolio in 2024,” said Mr Alm.
“In North America, where we aim to significantly grow our business, we launched a completely new platform that will be the base for a range of new models in the coming years. First out on the platform was the all-new Volvo VNL, which can deliver up to 10 percent better fuel economy when compared to the previous generation.”
