Volvo CFO leads expansion in Asia
World number two truck maker Volvo said on Wednesday that its chief financial officer will lead the group's expanding Asian truck business as of April this year.
Volvo CFO Par Ostberg will assume responsibility for the Asian operations when Deputy Chief Executive Jorma Halonen retires on April 1, the firm said in a statement. Halonen announced late last year he would leave the helm of the group's Asian truck business which Volvo has been keen to grow in recent years. It acquired Japan's Nissan Diesel last year and is in talks on linking up with Chinese vehicles group Dongfeng.
A new CFO to replace Ostberg would be appointed during the first quarter, Volvo said.
Views:0
- Volvo, Daimler And Traton Agree On JV Charging Network for Europe 2021-12-27
- China Premier: VOLVO Trucks To-Be-Locally-Produced Flagship Model FH 2021-11-09
- 30 Days Countdown to CIIE, Volvo Group Announces Participation in the Expo 2021-10-11
- Volvo Trucks Acquires Heavy-duty Truck Manufacturing Operation in China 2021-08-24
- ZF Attends 2021 Volvo Auto Asia-Pacific Science Day on Sustainable Development 2021-07-23
- Volvo Trucks and DFDS Cooperate to Run Electric Supply Chain Transports 2021-06-07
- Volvo Posted Unexpected Profit in Q2 2020-07-24
- Volvo, Daimler to Form a Joint Venture for Large-scale Production of Fuel Cells 2020-04-24
- Volvo Trucks in North America Demonstrate Electric Heavy Duty Trucks 2020-02-13
- Volvo Develops Heavy-duty Electric Concept Trucks 2019-12-11
Submit Your Requirements, We Are Always At Your Service.
- BYD Stopped the Production of Fuel Vehicles
- Geely Began Test Runs of Green E-methanol Vehicles in Danmark
- 2022 SANY Global Dealer Summit Was Held Successfully Online
- BYD and Shell Partner on EV Charging across China and Europe
- Daimler Truck Significantly Increase Sales, Revenue and Net Profit in 2021
- Scania Year-end Report January-December 2021
- Hyundai Motor and Iveco Group Sign MOU to Explore Future Collaboration
- GAUSSIN Enters China, the Largest Truck Market in the World
- Over 1,200 Hydrogen-powered Vehicles Deployed for the Beijing Winter Olympics
- Chinese New Year Holiday Closure Notice
- China's Truck Exports Grew by 30% YOY to 63490 Units in January-February
- China's New Energy Heavy Trucks Grew Despite an Overall Slump
- Heavy-duty Truck sales in China Fell by 54% to 54,000 units in February
- SINOTRUK Achieves Sales of 27,725 Vehicles in January, 2022
- China’s Domestic Tractor Sales Exceed 40,000 Units in January
- 2021 JAC International Pickup Export Performance
- JAC Achieved a Great Result in 2021
- China's Truck Export in 2021 Reached a 10-year Peak
- Heavy-duty Truck Sales in China Fall 57 Percent on Year in January
- China Recorded Sales of 645000 Tractors in 2021