The mean forecast in a Reuters poll of analysts was for shipments at the maker of Volvo, Mack, UD Trucks and Renault trucks to rise 1.3 percent. Deliveries in Volvo's top market, Europe, fell 4 percent while they were down 19 percent in South America.
This was offset by a 13 percent rise in North America and a 26 percent jump in Asian deliveries.