Saudi Arabia allocates SR10 billion to activate Standard Incentives Program for the industrial sector    SFDA warns against using Country Butcher Boy Beef Pepperoni due to Listeria contamination    Saudi funding to establish 2 hospitals in Tunisia    Over 16 million people visit Riyadh Season in 3 months    Crown Prince calls Lebanese President Aoun; invite him to visit Saudi Arabia    Al-Ahli defeats Al-Shabab 3-2 in Saudi Pro League thriller    Mel Gibson says his home burned down in LA fires    Violent protests in China after student falls to his death    Viral plea on social media saves Chinese actor from Myanmar's scam centers    Donald Trump spared jail and fine in New York hush money sentencing    Karim Benzema reconnects with Real Madrid roots during visit to their base in Jeddah    Real Madrid sets up Spanish Super Cup final clash with Barcelona in Saudi Arabia    Al Nassr stages comeback to defeat Al-Okhdood 3-1 in Saudi Pro League match    Al-Jasser inaugurates phased operation of Terminal 1 at Riyadh airport    SFDA warns of potential risks associated with high doses of Ginseng    GASTAT: Industrial Production Index rises by 3.4% in November 2024    Al-Qaryan Group begins 125,000 m2 decommissioning project for Ibn Rushd in Yanbu    Oscar nominations postponed because of LA fires    Islamic Arts Biennale 2025 to witness first-ever display of full kiswah of Kaaba outside Makkah city    Demi Moore continues comeback with Golden Globe win    Order vs. Morality: Lessons from New York's 1977 Blackout    India puts blockbuster Pakistani film on hold    The Vikings and the Islamic world    Filipino pilgrim's incredible evolution from an enemy of Islam to its staunch advocate    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Volvo Trucks sustains growth in Middle East
Published in The Saudi Gazette on 06 - 02 - 2016

[gallery td_select_gallery_slide="slide" ids="32936,32937,32938"]
Volvo Trucks Middle East has announced an increase in vehicles sold in 2015 compared to 2014. Despite challenging economic conditions in the second part of 2015, the Swedish brand saw its sales rise across most of Middle East markets.
The announcement comes at the end of a year that saw significant activity and investment by the company in the region, most notably the opening of a brand new state-of-the-art AVI production facility in King Abdullah Economic City in Saudi Arabia in co-operation with Zahid Tractor.‎
Full year sales were up in most of Volvo Trucks' Middle East markets. The company enjoyed a particularly successful year in Bahrain, Kuwait, Lebanon and Qatar, more than doubling sales in all four markets and a double digit growth in Oman, which is Volvo Trucks third largest market in the Middle East. Sales in Jordan were up by 50 percent, Saudi Arabia and the United Arab Emirates were once again Volvo Trucks' two biggest markets in the Middle East, and sales in both countries remained stable in 2015 compared to the previous year, as they did in Egypt also.
This continued growth in the region builds on the major steps the brand has taken since it launched its completely new range of trucks – the FH, FM and FMX – in early 2014with new enhanced features such as Volvo Trucks ground breaking 12 speed I-Shift gearbox which is a fully automated gearbox designed to provide high comfort levels for drivers and maximum fuel efficiency. The engineering of the I-Shift technology provides optimum performance conditions for Volvo Trucks in every application and driving conditions. The I-Shift's intelligent electronics constantly monitor factors like road grade, speed, weight, and engine load to help keep the truck in the most fuel-efficient gear possible. This technology allows drivers the safest, most efficient, informed and comfortable driving experience possible. Volvo Trucks I-shift technology have been very well accepted by the Middle East customers, in UAE and Qatar for example 100% of Volvo Trucks sold in those markets are equipped with I-shift followed by KSA and Oman where 75% and 50% of trucks sold are respectively equipped with the I-shift gearbox.
Volvo Trucks has focused on providing customers with the best after sales support in the market, such as the comprehensive Driver Development Programme and strengthening the sales financing schemes that was introduced in conjunction with the launch of the new range. "The Volvo sales financing have become very popular among our Middle East customers over the past two years," said Henrik Larsson, Sales Finance Advisor Volvo Trucks Middle East adding that "This system allows us to bring our customer service to a new level and assist them in choosing products depending on their specific needs and financial capabilities. Our role is as an advisor to help them make the best possible choice."
Lars-Erik Forsbergh, President of Volvo Trucks for the Middle East, said: "2015 has been a significant year for Volvo Trucks in the Middle East. The close cooperation that we have with our importers, combined with the excellent range of products with a strong focus on safety and the fully comprehensive services we offer have ensured that we have stayed a step ahead of our competition and continue to set new standards in the trucking industry."
The opening of the new production facility in Saudi Arabia demonstrated our on-going commitment to the region. We will continue to build on this in 2016, by developing our network, by ensuring we offer customers premium products tailor-made to suit their needs, premium services and financing, and to add value to our customers' businesses."
Volvo Trucks continues to highlight this commitment to it's customers in the region at the beginning of 2016, with the official opening of a Volvo Truck CKD assembly line in Babel, Iraq, in cooperation with Volvo Trucks and investors ZamZam Spring Group Volvo Trucks' official distributor in Iraq. The opening ceremony was attended by the Minister of Industry and Minerals for Iraq, Mohammed Sahib Al-Daraji and other governement officials.


Clic here to read the story from its source.