Volvo Trucks announced an ambitious plan to expand its Asia operations at the Singapore Productivity Forum 2014. The plan includes substantial investment to upgrade its dealer networks in Thailand and Malaysia, a new representative office in Mongolia and opening of new offices in Myanmar and Pakistan by the end of the year.
Volvo Trucks, one of the world’s leading heavy truck brands, approaches productivity from the perspective of its customers and offers total transport solutions to the construction, mining, logistics and urban-use sectors.
Addressing the audience at the Singapore Productivity Forum 2014, Mr Christophe Martin, President of Volvo Trucks in Asia Oceania, said, ”Our customers rely on us to understand their needs and find the best possible transport solution for their business. To stay close to them, Volvo is investing and expanding in Asia. We made a THB3 billion investment (US$93.5 million) in Thailand growing the dealer network, and similar plans are in place for Malaysia. The company also recently opened a new representative office in Mongolia, and by the end of the year additional offices in Pakistan and Myanmar will follow.”
Innovation by People for People
Volvo’s new range of award-winning trucks, the Volvo FH, the Volvo FM and the Volvo FMX were developed at the cost of US$3 billion and introduced to Asia in May 2014. “Our trucks are the most advanced in the market, and are designed with customers’ productivity in mind. It is the combination of innovative products, services and a truly caring approach, that makes Volvo the market leader in our segment and the No. 1 brand to own,” continued Mr Martin.
Volvo is convinced that a key to sustained productivity in the transport sector is through ensuring the safety and quality of the people driving and maintaining the vehicles, which in turn is supported by technological innovations. Mr Martin observed, ”It has been a trend for a few years now, that there is a shortage of professional truck drivers globally, and companies that retain high-performing and experienced staff enjoy great productivity benefits.”
”Since our founding in 1928, Volvo Trucks has consistently innovated around people. From the introduction of the three-point seatbelt in 1959, to the I-Shift automated mechanical transmission in 2001, or very recently Volvo Dynamic Steering ,” he
recounted. These technologies variously helped to improve driver safety, reduce fatigue and enhance fuel efficiency.
Source: Volvo Trucks