Increased deliveries, decreased order intake

In 2011, the bus market continued to develop favorably in Asia and South America, while it decreased in Europe and North America.

Volvo Buses increased its deliveries by 25% primarily due to substantially higher deliveries in South America and North America. In total, 12,786 buses and bus chassis (10,229) were delivered, which are the highest deliveries to date. The final two quarters showed a somewhat slower order intake.