New Volvo Truck Range Gains Success In Asia

SINGAPORE, Dec 20 (Bernama) -- Barely a few months into its Asia launch, the new range of Volvo Trucks had impressed customers that key agreements have been inked to supply regional hauliers. Thailand's Pak Nam Po Transport, Felda Transport of Malaysia and PT.PEC-Tech Services from Indonesia are among those to benefit from the redesigned FH, FM and FMX range, Volvo said in a statement Friday. It said following its premiere in May, Volvo Trucks continued its momentum in delivering better services and maintenance to key markets across Asia Pacific with investments amounting close to US$150 million. "The most recent development was the opening of Volvo Group Thailand’s flagship dealership in Bangna and new headquarters, which will provide regional oversight for Thailand, Myanmar, Laos, Cambodia, Vietnam and the Philippines," it added. Volvo Trucks in Asia president Christophe Martin is excited about the region’s ambitions towards intra-regional trade with the Asean Economic Community (AEC). “The new Bangna flagship dealership and Volvo Group Thailand’s headquarters unveiled in mid-December completes our THB3 billion (US$93.5 million) commitment in the country. "We have more than doubled our Thai network of wholly-owned dealerships from six to 15, built spare parts distribution centres and provided a global standard of fleet maintenance to customers," he said. Martin said Volvo Trucks would also be investing RM75 million (US$22.8 million) to expand its Malaysian dealer network and spare parts distribution centres in the next three to five years. "In Indonesia, we set up a US$10 million spare parts distribution centre in November to cater to the mining industry demands,” he added. -- BERNAMA