Bangkok--22 Mar--Volvo Group
Volvo Trucks achieved billion baht worth of sales during the 2011
Volvo Group plans to invest 4 billion baht in Thailand for better service and customer care.
Volvo Group (Thailand) Company Limited, the sole assembler and distributor of Volvo Trucks and Buses in Thailand celebrates the 20th Anniversary of its truck and bus business in Thailand, and the Group announces the success of exceeding sales target in 2011. The company delivered 1,027 Volvo trucks and 132 Volvo buses in Thailand and its neighboring countries.
“Volvo Trucks’ December deliveries increased by 27% year-on-year to 11,882 trucks around the globe. For the full year 2011, deliveries rose by 53% to 115,346 trucks”, said Mr. Jacques Michel President of Volvo Group (Thailand).
In Asia, deliveries realized 39% in December to 1,826 trucks. Meanwhile, in Russia deliveries increased by 90% to 878 trucks, Eastern Europe increased by 41% compared with December 2010.
In Thailand, heavy-duty trucks market has high potential to grow as a result of the AEC scheme (ASEAN Economic Community) starting in 2015. The Thai market showed 7 % growth rate in average in 2011. Volvo Group (Thailand) delivered 523 Volvo trucks in 2011 which represent 5% market share in heavy-duty trucks segment.
“We are very confident that Volvo Trucks would gain more market share in the future. Quality safety and environmental care, the 3 core values have been guiding us to align our products and services to becoming the leader in technology and safety in the world. We ensure that we will bring more advanced technology and high performing vehicles to support our customer’s business to grow together. This has been proven by the Volvo-unique Fuelwatch program.” stated Mr. Jacques Michel.
Volvo has been the industry spokesperson for amongst others ‘Quality’, ‘Safety’, and ‘Environmental Care’ also in Thailand and these, our core values, are deeply rooted in our heritage and company history.
Last year, Volvo Trucks were sold in Thailand and the locally assembled units also exported to Laos and Myanmar.
“Thailand has been considered the assembly bases for the region, our products are also exported to Laos, Myanmar, and Cambodia. We look forward to the implementation of the AEC scheme, which would push demands in heavy-duty truck sector to grow more rapidly.” said Mr. Jacques Michel.
“This is because the scheme is concentrating on road transportation as a result of the borderless condition of the ASEAN common market scheme,” added Mr. Jacques Michel.
Volvo Buses is the leader of Coach and Intercity buses in Thailand. In 2012, Volvo Group is going to launch a new bus model to the market. The new product promises a more enjoyable driving environment for the drivers. Meanwhile the new engine technology ensures better fuel efficiency to satisfy the demands of the transport companies.
“Volvo Group’s answer to the growing market demand is to further enhance investment in Thailand to a total of 4 billion baht in the coming 2 years.” confirmed Mr. Jacques Michel. “To serve our Thai customers even better, we are currently investing 2 billion baht in Thailand in expanding 9 more Volvo owned dealerships from 6 to 15 branches as well as another 2 billion baht in TSA Factory to accompany the economic growth in Thailand and Southeast Asia. We will also increase employee number from 500 to 1500 within 18 months.”
The Volvo Group has over 80 years of rich history and consists today of a number of different business including, Trucks, Buses, Construction Equipment, Marine and Industrial engines and Aerospace components. Volvo Trucks and Buses have been operating in Thailand for the past 2 decades.
As the major business area within the Volvo Group, Volvo Trucks has become a world-leading truck maker with a stream of successful and innovative products that satisfy the needs of our demanding customers. It offers complete transportation solutions to customers in more than 140 countries across the globe. Being the world's only truly global truck manufacturer, Volvo Trucks' operation covers all the major continents - Europe, Asia, North America, South America, Africa and Australia. It has the responsibility to lead the industry, as a mission we have historically been carrying and will continue to assume. Throughout the Asian continent at large, Volvo Trucks has taken the leading position among all the imported European truck brands.
Volvo Group opens the new chapter and decides to commit to provide transport solutions in Thailand. Volvo displayed all latest products for trucks and buses in Thailand during this 20th anniversary celebration. The Group looks to see many years of driving progress in Thailand.
Volvo Trucks provides complete transport solutions for professional and demanding customers, offering a full range of medium to heavy-duty trucks. Customer support is secured via a global network of 2,300 dealers and workshops in more than 140 countries. Volvo trucks are assembled in 16 countries across the globe. In 2011 more than 115,000 Volvo trucks were delivered worldwide. Volvo Trucks is part of the Volvo Group, one of the world’s leading manufacturers of trucks, buses and construction equipment, drive systems for marine and industrial applications, aerospace components and services. The Group also provides solutions for financing and service. Volvo?s work is based on the core values quality, safety and environmental care.
For more information, please contact:
Khun Wilawan Vispapaew
Manager — Brand & Marketing Communication
Tel: 0 2707 1747 ext. 1214
Email:
[email protected]