Volvo Trucks aims for bigger market share in construction segment

Volvo Trucks goes on the offensive as the company aims to grow its construction business significantly. The new, rugged construction truck, Volvo FMX, sends a strong signal of Volvo’s ambition and will pave the way forward.
As part of the most aggressive product strategy in the history of the company, with many new products revealed during the last couple of years, Volvo Trucks is launching the rugged, new Volvo FMX. With this new truck, Volvo is aiming to substantially increase its global market share in the construction segment.
“Today, Volvo Trucks has a leading position within long haul. We also aim to take a leading position in the construction segment,” says Staffan Jufors, President and CEO, Volvo Trucks.
Inspired by drivers – the new Volvo FMX
Volvo has taken the FM, a very successful and well-proven construction truck in its own right, and developed it further to be even better. The celebrated driveline from the current FM platform, for example, stays intact.
Feedback from drivers provided the inspiration for many of the new features on the new Volvo FMX. For example, the impressive transformation now includes a new rugged exterior and powerful stance, new durable headlights, new central towing device, new anti-slip steps and a new load sensor that sends load weight information to the optimised I-Shift gearbox for a smooth gear sequence.
Collaboration intensifies with Volvo Construction Equipment
When it comes to having both truck and construction equipment manufacturing operations under the same roof, the Volvo Group stands alone. No other manufacturer has this kind of experience. This fact puts Volvo Trucks in a strong position as the company aims to expand its well-established business within the construction segment.
“Together with Volvo Construction Equipment we have the most comprehensive product offering in the construction segment,” says Staffan Jufors. “We can provide a total solution for on- and off-road construction work and have vast experience meeting our customers’ needs. We want to leverage on this advantage to grow our business and reaffirm our commitment to providing even better support for our customers’ operations. We see huge potential.”
On selected markets around the world, customers already get support and service from Volvo Trucks and Volvo Construction Equipment in the same workshops. The two companies also collaborated closely during the development of Powertronic and the powerful D13 engine, for example.
As Göran Nyberg, Managing Director of Volvo Trucks UK & Ireland says, “We have a very strong position in the construction segment in the UK and Ireland with our present Volvo FM. With the new purpose-built Volvo FMX and our optimised support for construction operations, we aim to grow our market share in this business significantly.”