Volvo Increases Product Range and Investment in its Strategic U.S. Market
The CEO and President of Volvo Construction Equipments, Olof Persson, said at the Con-expo/Agg, that as their North American market continues to be their home market which is strategically significant, they have launched more than 55 updated or new products as well as an expansion program of $100 million in production and product expansion at their facilities in North America.
Persson also described the substantial improvements witnessed in the fortunes of the company, which in the year 2010, witnessed an increase in sales of 51 per cent, which outperformed the results of the general market, which witnessed an increase in sales of 31 per cent. This increase in sales was also accompanied by very high profitability as a huge number of machines were sold as well as an order book which strengthened.
He said that, they are outperforming the in the rising market conditions because of their offerings of a new fleet consisting of innovative products which are tailored to meet the requirements of specific groups of customers, and combined with a loyal and strong distribution network as well as a considerable investment program.
During this show, Volvo also unveiled their engine offerings which are designed to meet the new Interim Tier 4 in America as well as Stage IIIB European legislations regarding emission. They also unveiled new products which include new wheel loader, excavators, articulated haulers, motor graders, compact tracked loaders, skid-steer loaders as well as backhoe loaders and the Red Dot award winning wheel loader, L220G. This international design award honored this wheel loader for having an outstanding industrial design as well as their design team.
There were also many new generation models of machines from their range of road machinery was also presented as well as articulated haulers from the new range of F-Series of, backhoe loaders from new B-Series range, motor graders from their B-Series and excavators from their D-Series.
For builders of roads, the Volvo Co. presented their new motor grader G946B, new soil compactor SD116D and the new milling machine for sale uk MT2000. In the sector of Oil & Gas, along with their pipe layer PL3005, an excavator EC480D, a backhoe loader BL70, a wheel loader L90, and an excavator ECR48C were also on display.
For the aggregate and quarry zone, meanwhile, the biggest wheel loader from Volvo, the L350 as well as the biggest articulated hauler, the A40F were presented which boasted of a new and innovative system of Full Suspension.