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

  • Rare Indian red granite extracted from village quarries
    June 25, 2013
    Rare Indian red granite is being extracted from four granite quarries across 24hectares of land in the south Indian villages of Purthagere and Kadur According to legend, Ilkal granite (also known as Cat’s Eye granite) was first discovered 2,000 years ago, but remained a little known rarity for two millennia. This all changed in 1983 when rich deposits were discovered in a small corner of south-west India, allowing Ilkal granite to be exploited for its beauty and decorative worth.
    Read More
  • Advances in US paving machines and material feeders
    May 30, 2013
    Paving machines vary considerably in North America compared with those units used elsewhere. On a worldwide basis, pavers with tamper bar screeds are popular having been developed in Europe and also favoured by Japanese and Chinese firms. But in the US the length of highways to be constructed resulted in a focus on high production pavers, which still continues today. North America and Latin America are key markets for these machines, with Australia being one of the few territories to employ both European an
    Read More
  • Dressta seek greater dealership reach in key emerging markets to boost sales
    October 10, 2013
    Dressta, the LiuGong subsidiary, is striving to increase its dealership reach in key emerging markets such as Central and South America as it aims for higher machine sales. Speaking at a recent Dressta construction machine manufacturing press event at the company’s LiuGong-owned manufacturing plant and headquarters in Stalowa Wola, southern Poland, Dressta CEO Leslaw Holysz said, “We have no [dealership] presence in Mexico and Latin America, except for Panama. Panama is a very good country for us and we
    Read More
  • Volvo Group is ready for sustainable change
    March 16, 2023
    The Volvo Group is preparing itself for the change to sustainable operations. Melker Jernberg is president of Volvo CE and commented, “We want to lead the transformation of our industry.”
    Read More

Highlighted Content