| 14-04-2008
As the sponsor of Boao Forum for Asia this time, Volvo has fully showed itself in this China’s top economic meeting. Volvo's latest truck and excavator have been put in front of the entrance of the forum which attracted much attention.
In the VIP room of the Boao International Meeting Center, Journalist interviewed Par Ostberg, Senior Vice President of Volvo and CFO of the Volvo Group.
"China Market is very important for Volvo." he expressed, " at present, Volvo's sales volume in China is 1.5 billion US dollars which occupied an increasingly bigger part of its 40 billions global market share, and by now we have 4,000 staff in China, an important power among Volvo’s 100,000 global staff.
Par Ostberg said, since the past two years, Volvo had done lots in exploring Chinese market, for instance, Volvo has set two joint ventures in China: XI'AN Sliver Bus Corporation and Shanghai Sunwin Bus Corporation, and holds shares of some fuel-supplier plants.
Told the performance of Volvo in China market, Par Ostberg expressed his satisfaction while hoped Volvo truck, bus and construction equipment parts would have further development in China market. He admitted since China has many competitive truck manufacturers, more and more fierce competition exists in China truck market.
Par Ostberg believed that he has the confidence and remain optimistic about Volvo's development in China due to China infrastructure’s rapid development.
Editor: James Yin from Chinabuses.com
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