* Thailand - Volvo ties truck sales to state projects
-- Volvo Group Thailand, President Jacques Michel said, the Swedish maker of buses, trucks and construction equipment, is pinning hopes on the government's megaproject development to boost sales in the heavy-duty truck market... Mr Michel projects overall sales of heavy-duty trucks this year would remain tepid at 18,000-20,000 units, saying sales over the first quarter dropped by 20% from the same period last year... Volvo spent 2 billion baht in 2009 to expand annual production capacity to 4,500 Volvo trucks and 20,000 UD trucks... Thailand is now the global production base for Volvo and UD trucks for export, particularly those destined for Asean, Africa and the Middle East...
(Photo: Volvo Group Thailand factory) -- Bangkok,Thailand - The Bangkok Post, by PIYACHART MAIKAEW - 27 Apr 2015Labels: truckmakers news worldwide
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