From November 27 to 30, sister companies Volvo Construction Equipment (Volvo CE), Volvo Penta, Volvo Financial Services (VFS) and SDLG are revealing a star lineup of construction equipment and technologies designed to handle the region's rapid infrastructure growth in the most sustainable way possible. Under the theme of ‘Building Tomorrow,' the stand in the Shanghai New International Expo Center (SNIEC) is showcasing to an audience of 200,000 visitors how it has the machines, services and network to adapt to a dynamically changing world.
On top of a continued global sales growth, Volvo CE has demonstrated a growing market share in the region with the Chinese market now 42 percent higher in Q3 2018 than it was this time last year. Volvo Penta, which is enjoying an annual global average growth of 34 percent in the off-road segment, is equally firmly established in the region after sales have doubled in China over the last two years.
While political instability, climate change and technological breakthroughs are continuing to influence the global economy, it is Volvo that is standing firm and fully equipped to adapt to this changing landscape and support in China's world-renowned construction projects, including One Belt One Road (OBOR).
Innovation in everything we do
Following a joint press conference with Volvo Penta President Björn Ingemanson, Volvo CE President Melker Jernberg, says: "Volvo Group has always been a pioneer in innovation and we are proud to demonstrate this through our role in China's incredible infrastructure growth. Through advances in digital technology and thanks to a strong collaboration across the Group, we provide the best possible range of products and services to achieve outstanding levels of machine productivity."