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Gothenburg, Sweden-based Volvo Group — parent company of Volvo Trucks North America and Mack Trucks — sold 9,622 trucks in North America, compared with 12,026 a year earlier.

The manufacturer on Oct. 17 projected declining North American truck registrations for 2026, with CEO Martin Lundstedt citing rising uncertainty tied to President Trump’s planned duties.

VTNA launched redesigns of the flagship Class 8 on-highway VNL tractor and VNR regional-haul semi in January 2024 and March 2025, respectively.

Freight cycles typically last 14 to 15 months, according to Werner CEO Derek Leathers, but the current downswing has gone on for double that. “It’s the worst one I’ve ever seen."

Volvo Trucks North America believes its recently redesigned VNL over-the-road model includes features that can help customers navigate the industry’s challenging market dynamics.

Both Daimler and Traton operate assembly sites in Mexico that may be affected by the levies.

Volvo hosted a roughly 100-mile five-truck ride-along convoy to showcase the truck’s on-road performance and interior amenities.

Volvo said 90% of the new model has been redesigned from the prior generation. It focused on improving fuel economy through enhanced aerodynamics, powertrain features and idling systems.

The new units expand a long-running supplier relationship at a scale that signals how big fleets are renewing equipment to strengthen operations and keep experienced drivers in the seats.

Volvo reported better-than expected second-quarter earnings as signs of a recovery in Europe helped offset weak demand for trucks in North America.