Volvo CE’s committed to innovation despite tough global market

Volvo Construction Equipment is said to be demonstrating its commitment to innovation despite the tough global sales market. The Swedish construction and quarrying equipment giant has this week unveiled its 90tonne Tier 4 Final/Stage IV complaint EC950E hydraulic crawler excavator – the biggest hydraulic crawler excavator it has ever made - and its 55tonne A60H articulated hauler. “I’m very pleased to say that on the first day of the show, we were taking order on this,” said Martin Weissburg, presiden
April 12, 2016 Read time: 3 mins
Martin Weissburg, CEO of Volvo CE
7659 Volvo Construction Equipment is said to be demonstrating its commitment to innovation despite the tough global sales market.

The Swedish construction and quarrying equipment giant has this week unveiled its 90tonne Tier 4 Final/Stage IV complaint EC950E hydraulic crawler excavator – the biggest hydraulic crawler excavator it has ever made - and its 55tonne A60H articulated hauler.

“I’m very pleased to say that on the first day of the show, we were taking order on this,” said Martin Weissburg, president of Volvo CE, about the EC950E. “We’re very excited about it. It’s the best in class, driving the best total cost of ownership for our customers in terms of cost per tonne moved. It’s meeting demand and strengthening our support for customers in the mining, quarrying and heavy construction segment.”  

Volvo CE’s new 55-tonne capacity Volvo A60H, the second biggest the company has ever made, was also said by Weissburg to be meeting growing customer demand for articulated haulers with larger capacities. The model includes innovative Volvo intelligent monitoring systems, such as MATRIS and CareTrack.

Weissburg continued, “No matter where we are in the business cycle, the Volvo Group and Volvo CE continues to invest to make sure that we are the industry leaders in driving innovation.

“We talk about the future of Volvo, and it’s about continuing to be pioneers, continuing to be leaders, be it in Volvo CE, Volvo Trucks, Volvo Penta, Volvo Buses - all of our equipment.”

Weissburg also highlighted how Volvo CE had been behind technological advancement in its compact model lines, which were enjoying growing demand.  

During the Volvo CE exhibition press conference, Weissburg highlighted Volvo’s electric site quarry project, run in partnership with 2296 Skanska, the Swedish Energy Agency, and two universities.

“It’s a development project to electrify the operation of a quarry. This could transform our industry,” he exclaimed. “It could reduce the environmental impact but also improve the operational efficiency, making quarrying more profitable.”

Turning his attention to the European construction equipment market, Weissburg said unit sales in 2016 were likely to be equal or slightly lower than last year – despite “growing in many national markets”. He said Volvo CE’s dual brand presence in China, where it also offers 5316 SDLG-branded equipment, coupled with its continued investment in its Chinese distribution network and customers, left it well positioned to meet fresh equipment demand when it finally materialises.
Earthmoving & soil compaction

For more information on companies in this article

Related Content

  • Terex Finlay welcomes market buoyancy
    March 9, 2017
    Terex Finlay is looking to capitalise on healthy North American demand for premium crushing and screening equipment. “The North America market has been very buoyant for us and it’s growing every year,” said Alan Witherow, Terex Finlay’s product manager. “Talking to some of our dealers on the first day-and-a-half of the show, the mood is very positive.”
    Read More
  • Global growth in machine rental
    May 20, 2015
    The machine rental sector is undergoing significant expansion worldwide – Dan Gilkes reports. Plant hire, equipment rental, leasing, call it what you will, being able to use a machine when and where you need it, with no further concerns relating to ownership costs, depreciation or sudden repair bills, remains a compelling argument for many contractors. Which is one of the main reasons for the continued growth in popularity of equipment rental across the world. Rental has been big business in the UK, the US
    Read More
  • How data mining and the intelligence it creates is helping sites run more effectively and efficiently
    December 13, 2022
    In this, the third in our series of top-level roundtable discussions led by World Highways, editor Mike Woof and roundtable host Nadira Tudor talk machine control technology with three world-class experts from Leica Geosystems (part of Hexagon), Topcon, and Trimble. There’s never been a more exciting time to be in construction as innovation makes us more productive, more efficient, more sustainable, and better connected. Autonomy means opportunity.
    Read More
  • SDLG dealer success in Oman
    June 12, 2018
    SDLG reports a strong dealer success in Oman. With the help of its local partner, SDLG claims to have become a leading player in the construction equipment market in Oman. It has been five years since General Engineering Services (Genserv) introduced SDLG to Oman’s construction equipment market. “It was a challenge to introduce a new brand into an established market, but we used our name and reputation to p
    Read More

Highlighted Content