Bermaz bags Xpeng distributorship in Malaysia - premium EV brand likely to kick off local range with G6
Home News Auto News Volvo Car Malaysia Appoints New MD, Records Strong Growth In 2018 Volvo Car Malaysia Appoints New MD, Records Strong Growth In 2018 Auto News Gokul | February 14, 2019 09:02 pm Volvo Car Malaysia has announced the appointment of Nalin Jain as its new Managing Director, who will be taking over from the current Managing Director, Lennart Stegland, starting 1st March 2019. Stegland will be retiring from the company, after spending more than 40 years with Volvo, having served in various leading roles in research and development, marketing and sales, and managing various national sales companies.Jain has previously served as the Chief Financial Officer of Volvo Auto India, and has over 20 years of experience in the automotive, consulting, and technology fields.The announcement was made during a Chinese New Year get-together with the press last week, where the company also revealed that it has recorded strong sales growth in 2018, finishing the year with a total of 1,384 units delivered.The sales figures translate into a 35 per cent increase from 2017 (1,021 units), and a 48 per cent increase from 2016 (934 units).According to the company, the positive growth began since the introduction of the XC90 T8 Twin Engine SUV in late 2015.The company also exported a total of 1,889 vehicles comprising the V40, XC40, S60, V60, XC60, and XC90 to Thailand, Taiwan, Philippines, and Vietnam.It was said that recent investments on the company’s assembly plant in Shah Alam has enabled it to accommodate more assembly volume and new platforms such as the Scalable Product Architecture (SPA) that underpins its new 60s and 90s Range, and the Modular Compact Architecture (MCA) used by the new XC40.VCM also introduced the Volvo Service Agreement (VSA) in 2018 – a comprehensive service package that covers replacement of most wear-and-tear parts (excluding tyres), for either three years or five years.Moving forward, Volvo Car Malaysia plans to take its customer experience to the next level by rolling-out a new service concept they call Volvo Personalised Service or VPS in 2019.A new management system to ensure optimum availability of parts called Volvo Managed Inventory (VMI) will also be introduced sometime this year.In terms of dealership network, Volvo Car Malaysia has grown its nationwide presence to a total of 11 dealerships which includes the recent re-introduction of the brand in Kuching after close to 10 years. The company is aiming to add more dealerships in 2019, especially in locations that are currently not represented by the brand.On the Financial Services front, Volvo Car Malaysia had also introduced Volvo Car Leasing – a first for Volvo Cars in Southeast Asia – that lets customers enjoy stress-free Volvo ownership, minus the usual financial strain of a hire-purchase agreement. The company is also planning to introduce Volvo Insurance in partnership with AXA Insurance later this year.Volvo Car Malaysia is projecting a double-digit growth in 2019 with the new XC40 and the opening of more retail locations as the two main drivers. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags volvo Print Related News At the turn of an era for Volvo, with Keith at Malaysia's helm Live Life Drive Hans | August 26, 2015 Volvo Car is currently at the cusp of new beginning. Having finally broke free from Ford's stifling bureaucracy, who seriously limited Volvo's ... Volvo Puts the Car Key into Your Phone Auto News Kon | February 19, 2016 Volvo plans to sell you a car without giving you a set of keys in the not too distant future and this is not a joke.Beginning 2017, Volvo will be ... Volvo To Further Grow Malaysia CKD Operations; Exports To Five New Markets From End 2017 Auto News Kon | February 17, 2017 Volvo Cars is making Malaysia its assembly and export hub for the ASEAN region, with markets such as Indonesia, Myanmar, the Philippines, Vietnam, ... Mr. Minister, Sorry But You Are Greatly Misinformed About Volvo Insights Hans | August 22, 2017 Earlier today, a report by The Star quoted Datuk Seri Ong Ka Chuan, Second Minister of International Trade and Industry as saying that ... Comments
Volvo Car Malaysia Appoints New MD, Records Strong Growth In 2018 Auto News Gokul | February 14, 2019 09:02 pm Volvo Car Malaysia has announced the appointment of Nalin Jain as its new Managing Director, who will be taking over from the current Managing Director, Lennart Stegland, starting 1st March 2019. Stegland will be retiring from the company, after spending more than 40 years with Volvo, having served in various leading roles in research and development, marketing and sales, and managing various national sales companies.Jain has previously served as the Chief Financial Officer of Volvo Auto India, and has over 20 years of experience in the automotive, consulting, and technology fields.The announcement was made during a Chinese New Year get-together with the press last week, where the company also revealed that it has recorded strong sales growth in 2018, finishing the year with a total of 1,384 units delivered.The sales figures translate into a 35 per cent increase from 2017 (1,021 units), and a 48 per cent increase from 2016 (934 units).According to the company, the positive growth began since the introduction of the XC90 T8 Twin Engine SUV in late 2015.The company also exported a total of 1,889 vehicles comprising the V40, XC40, S60, V60, XC60, and XC90 to Thailand, Taiwan, Philippines, and Vietnam.It was said that recent investments on the company’s assembly plant in Shah Alam has enabled it to accommodate more assembly volume and new platforms such as the Scalable Product Architecture (SPA) that underpins its new 60s and 90s Range, and the Modular Compact Architecture (MCA) used by the new XC40.VCM also introduced the Volvo Service Agreement (VSA) in 2018 – a comprehensive service package that covers replacement of most wear-and-tear parts (excluding tyres), for either three years or five years.Moving forward, Volvo Car Malaysia plans to take its customer experience to the next level by rolling-out a new service concept they call Volvo Personalised Service or VPS in 2019.A new management system to ensure optimum availability of parts called Volvo Managed Inventory (VMI) will also be introduced sometime this year.In terms of dealership network, Volvo Car Malaysia has grown its nationwide presence to a total of 11 dealerships which includes the recent re-introduction of the brand in Kuching after close to 10 years. The company is aiming to add more dealerships in 2019, especially in locations that are currently not represented by the brand.On the Financial Services front, Volvo Car Malaysia had also introduced Volvo Car Leasing – a first for Volvo Cars in Southeast Asia – that lets customers enjoy stress-free Volvo ownership, minus the usual financial strain of a hire-purchase agreement. The company is also planning to introduce Volvo Insurance in partnership with AXA Insurance later this year.Volvo Car Malaysia is projecting a double-digit growth in 2019 with the new XC40 and the opening of more retail locations as the two main drivers. ✕ Let's Connect on Whatsapp We protect your personal information in compliance with the PDPA I agree with Carlist.my Terms of Use and Privacy Policy. I agree to receive personalised communication from Carlist.my and its car sellers, business affiliates and partners. Check out the best car deals in town! Prev Next Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price. Related Tags volvo
Special offer - call now! days hours Avg. mkt. Why no price is listed? Sometime dealer wants you to contact for the best price. I Why no price is listed? Sometime dealer wants you to contact for the best price.
At the turn of an era for Volvo, with Keith at Malaysia's helm Live Life Drive Hans | August 26, 2015 Volvo Car is currently at the cusp of new beginning. Having finally broke free from Ford's stifling bureaucracy, who seriously limited Volvo's ...
Volvo Puts the Car Key into Your Phone Auto News Kon | February 19, 2016 Volvo plans to sell you a car without giving you a set of keys in the not too distant future and this is not a joke.Beginning 2017, Volvo will be ...
Volvo To Further Grow Malaysia CKD Operations; Exports To Five New Markets From End 2017 Auto News Kon | February 17, 2017 Volvo Cars is making Malaysia its assembly and export hub for the ASEAN region, with markets such as Indonesia, Myanmar, the Philippines, Vietnam, ...
Mr. Minister, Sorry But You Are Greatly Misinformed About Volvo Insights Hans | August 22, 2017 Earlier today, a report by The Star quoted Datuk Seri Ong Ka Chuan, Second Minister of International Trade and Industry as saying that ...