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This is how Volvo will take market share in the USA

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EFN Ekonomikanalen

Published on Nov 15, 2024

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AB Volvo will increase its market share in the US to 25 percent, from the current 15 percent. This is what Martin Lundstedt, CEO of AB Volvo, tells EFN in connection with the company's capital market day in Dublin, USA. Today, AB Volvo has 15 percent of the American truck market, divided between 9 percent for Volvo and just over 6 percent for wholly owned Mack Trucks. But now the ambition is to take more market shares - and a big one. By 2030, the group's market share must be 25 percent. - It won't be a quick fix, but now we have all the parameters in place. We'll take it step by step. The potential is significant, the customers want the solutions and we have invested in it, says Martin Lundstedt. See the feature where Martin Lundstedt also talks about the company's large treasury, share dividend trends, decentralization, culture and how the company will work differently with financing solutions in the future. Reporter: Anders Frick ______________________________ Do you like the video? Subscribe to EFN on YouTube: https://www.youtube.com/efnekonomikan... Please visit http://www.efn.se for more of our content. X: https://x.com/efntv Facebook: / efnekonomikanalen Instagram: / efnekonomikanalen Linkedin: / efn Tiktok: / efn_ekonomikanalen

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