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Larger middle-class and e-commerce favorable for Volvo

the Volvo group's sales grew strongly in the first months. The increase of 20 per cent compared with the same period of the previous year is partly explained b

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Larger middle-class and e-commerce favorable for Volvo

the Volvo group's sales grew strongly in the first months. The increase of 20 per cent compared with the same period of the previous year is partly explained by the high global demand for transport.

– and Partly due to a growing population with an increased polarization. We see a middle class that grows in large regions like India and China. We also see that e-commerce has increased the importance for an increased need of transport, " says Martin Lundstedt.

the conditions on important markets out to be another driving factor. At the same time equip the vehicle manufacturer in order that the conditions may change after a long period of economic boom.

– It is important to be close to our customers and our markets and to maintain a flexibility in order to ensure also that we are strongly positioned for the market would change, " he says.

The increasing pressure on developing sustainable solutions impose new requirements on vehicle manufacturers. This is mentioned as something that will play an increasingly important role in the volvo Group.

The other important part is to continue to launch new sustainable solutions for future mobility and infrastructure in electrification, automation and in connection to Volvo is strong also when it comes to new types of transport and infrastructure systems, " says Martin Lundstedt.

or non-being in order to bring down emissions has become central for the forthcoming EUROPEAN elections. The focus has been the Conservatives åsiktsvändning from Energiöverenskommelsen from 2016, where the party now want to priority to get off fossil fuels, rather than making electricity generation 100 percent renewable by 2040. The volvo group has 25 per cent of the employees and in production, development and research facilities in Sweden. Martin Lundstedt do not want to take a position publicly on this issue, but highlights that this issue is important for the company.

"Stability, predictability and competitiveness are essential for us to be able to continue to invest in Sweden," he says.

"Then how the mix should look like, how to ensure that we have a good basförsörjning and how a continued transition towards fossil-free energy system to continue, we let the experts decide," continues Martin Lundstedt.

the slowdown in economic activity is a further challenge for the company, according to Björn Enarson, analyst at Danske Bank. A high demand requires a high level of production, which in turn requires that there are people to hire in all parts of the stage, " he says.

– sub-Contractors must get together her and Volvo needs to get together her to be able to produce in a profitable way, " he says.

also Read: Here, Volvo will create future vehicles

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