Volvo to Introduce 60 New Machines in 2012

April 16, 2012

Volvo Construction Equipment will introduce 60 new machines this year, which when combined with the 55 introduced in 2011 will result in the most fundamental overhaul of the company’s lineup ever, according to the company. Pat Olney, president and CEO, said the products will help the company achieve its WWF Climate Savers commitment of reducing CO2 emissions from its machines sold between 2009 and 2014 by 15 million tonnes.

Olney said 2011 sales increased by 21 percent to a record 84,000 machines. He also said excavator production in Russia will kick in next year from a new factory in Kaluga, while the dealer network in Russia is set to double by 2015, to 90 locations (up from today’s 45).

“Despite short term uncertainties in some markets there is much to be positive about in the current trading conditions,” Olney said. “We are continuing to invest throughout the business cycle in our people, our production facilities and distribution networks. With a technologically advanced fleet of innovative – and award winning – products, Volvo CE is not only optimistic about the future, we are also well placed to deliver quantifiable benefits to customers around the world.”