Swedish truck maker Volvo AB on Tuesday unveiled a new medium truck model for South America, the Volvo VM, which it expects to secure 10% of the market within just one year, Dow Jones reported. Investment in the new model totals $US35 million, Volvo told the news agency, and the aim is to sell 1,500 VM trucks next year, taking about 10% of the market for medium trucks in South America.
BRAZIL: Volvo launches unique medium truck model - report
Get full access to all content, just $1 for 30 days
A Message From The Editor
just-auto gives its paid members access to the very best automotive market coverage.
And now there’s just-auto plus, our premium membership that gives you exclusive component forecast data, company profiles and extended news coverage - just for premium members.
Today I can offer you 30 days access for $1 - and that includes just-auto plus.
Dave Leggett, editor of just-auto
* plus VAT if applicable
Only on
15-year fitment forecasts for 20 automotive component sectors including:
Vehicles and markets • Connected vehicle technologies • Electrified vehicles • Lightweighting • Chassis and safety • Active and passive safety • Electronic braking systems • Foundation braking systems • Shock absorbers • Steering systems • Interiors • Door modules • Heating, ventilation and air-cooling • Seating systems • Exteriors and materials • Glazing systems • Roof systems • Powertrain and transmission • 4WD and AWD • Engine technologies • Transmission and clutch • Turbochargers • Electrics and electronics • Battery technologies • Electric motors • Lighting - plus OEM and supplier company profiles and extended automotive news.
MAGAZINE