Volvo Trucks ME reports 24% growth in 2014
Volvo Trucks Middle East has announced a 24 percent increase in deliveries and 27 percent increase in parts sales year-on-year for 2014 across its 13 active Middle East markets.
The announcement comes almost 12 months after the Swedish premium truck manufacturer launched three new models in the biggest truck launch ever held in the region.
In January 2014, Volvo Trucks unveiled its new FH, FM and FMX models and the range has made a significant contribution to the company's overall performance in the Middle East this year.
In particular, the brand's on-going best-seller, the FH, led sales in regional markets with significant fleet deliveries made to customers in the UAE, KSA,Oman and Iraq, accounting for more than 70% of overall regional sales
Lars-Erik Forsbergh, president of Volvo Trucks for the Middle East, said: "2014 has been an extremely important year for Volvo Trucks Middle East. We began in January with the launch of our incredible new range. This was followed by the introduction of our flexible financing options in an effort to support the region's surging industry. We also optimised our transport solutions around the new models to provide our regional customers with the best the market has to offer in terms of care packages that help increase productivity and truck efficiency.
"The ongoing development of the Middle East truck market makes it a key focus for Volvo Trucks, and we will be building on this year to reach our goals of double digit growth in 2015. The new FH, FM and FMX models and the solutions we offer our customers, will continue to help us to do that as they offer the highest possible standards of reliability, handling, robustness, fuel-efficiency, safety and driver comfort to our Middle East customers."