At the Volvo Group’s capital markets day in Gothenburg today, CEO Olof Persson presents the details of how the company’s previously established strategy program aims to have a positive impact of 3 percentage points on the Group’s operating margin by the end of 2015, corresponding to a total of SEK 9 billion based on net sales of SEK 300 billion.
On December 2, VE Commercial Vehicles Ltd (VECV), a joint-venture between the Volvo Group and Eicher Motors Ltd, launched the Pro Series, a new range of trucks and buses developed specifically for India and other selected growth markets. The Pro Series includes 11 new products (trucks and buses) and covers the entire 5 to 49 ton gross vehicle weight (GVW) range, setting a new standard among customers with high demands on profitability, flexibility and driver effectiveness.
Jan Gurander, 52, has been appointed new CFO and member of Volvo’s Group Executive Team. Jan Gurander will join the Volvo Group January 1, 2014. Gurander was most recently CFO at Volvo Cars.
“Jan Gurander has long and solid experience as the CFO of several major automotive companies and he is bringing this experience with him to the Volvo Group,” says Volvo CEO Olof Persson.
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