Volvo’s Five-Month Truck Sales Drop 10%

Sweden’s Volvo AB said its truck sales fell 10% first five months of the year, as U.S. deliveries plunged after stricter emissions standards made trucks more expensive, Bloomberg reported.

Sales in the five months through May fell to 82,865 vehicles worldwide, Bloomberg reported, citing a Volvo statement.

The figures include sales from the Nissan Diesel brand, which were consolidated as of April 1. Not including Nissan, sales for Volvo declined 17%, Volvo said.

Volvo, the parent company of Volvo Trucks North America and Mack Trucks, said in May that first-quarter North American truck orders, an indicator of future sales, fell 80% to 5,273.