Volvo 2012 Annual Report Download - page 53

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Volvo Group in Asia
• Net sales: SEK 69,278 M (73,586)
• Share of net sales: 23%
• Number of employees: 20,222
• Share of Group employees: 20%
• Largest markets: China, Japan,
India and Indonesia.
Market development, construction
equipment, China, Thousands
1211100908
3225251935
1211100908
253399371230251
In India, success continued for VECV
with trucks under the brand Eicher.
Currently investments are made in
the development of new products
and in new facilities.
Market development, heavy-duty
trucks, Japan, Thousands
23%
of Group sales come from Asia
Volvo CE’s new wheel loader L105 has been developed
specifically for the Chinese market.
On September 19, 2012 UD Trucks was launched in
South Korea. First off the mark was the Quon 6x4
truck. UD Trucks Korea plans to launch a number of
new models and fully leverage the Volvo Group’s
solid, nationwide network of 25 service points.
49