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Nov 28, 2012


* India - Volvo to Invest Rs 3800 crores; for Buses and Trucks

India,Hyderabad -Phillip 2876 -November 23, 2012: -- Swedish truck, bus and earth-moving equipment maker Volvo on Tuesday announced it planned to invest Rs 3,800 crore in India through the next few years. Of this, Rs 1,800 crore would be invested in its joint venture with Eicher Motors... The remaining amount would go towards enhancing its own operations, he added... The announcement of Volvo’s investment plans comes at a time when the company is seeing slackening demand across Europe. In North America, too, the company has seen demand fall, with dealers cutting on stocks... Volvo also aims to export about 30 per cent of the capacity at its Indian engine plant it plans to open in Pithampur, Madhya Pradesh, next year, as it looks to leverage costs from India operations... 

* Sweden - The new Volvo FH – a major challenge for Volvo Trucks’ designers

Tbilisi,Georgia -The FINANCIAL, by Ida Mattsson -27 Nov 2012: -- Truck design is about much more than just colour, shape and attractive lines. Behind the new, safer, larger and more ergonomically optimised Volvo FH lies a significant design challenge... From the first stroke of his pen on the drawing board to complete truck, the process took just over five years. Several thousand hours and at least an equal number of decisions and procedures later it was finally ready – the new Volvo FH... In practice what the Göteborg-based design group had to do was to find solutions in which all the individual parts of the truck interlinked smoothly with each other and created a single cohesive feel. Every visible surface, inside as well as out, was examined in minute detail by the design department. So too were the sounds and tactile feel of the buttons and controls, the structure of the textiles and the in-cab lighting – all were tailored to meet the high demands and expectations of an all-new Volvo FH. Demands that are expressed in parameters such as tough standards regarding safety and driver’s environment...



Blogger Manoj Singh said...

This is really a good news for Indian Transport industry.

4:21 AM  

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