In conjunction with the launch of its new Volvo Car Regional Training Center at Symphony Square Petaling Jaya, Volvo announced that it had capped off a record-breaking year in 2019, going against market momentum to record a stellar year across the Volvo Group and also here in Malaysia.
In 2019, Volvo surpassed the 700,000 mark for the first time ever, with a total of 705,452 units sold around the world. Locally, Volvo Car Malaysia achieved a milestone of their own too, with the highest retail delivery to date, at 1,883 units.
Mr. Nalin Jain, Managing Director of Volvo Car Malaysia stated, “Even as the Malaysian premium segment is facing a decline, Volvo beat the odds and accomplished our highest ever year-on-year growth in retail delivery at 36.1% in 2019 compared to the previous year. We are definitely on the right trajectory and we are excited to show our customers what’s in store for the Volvo brand in 2020,”
Riding on this momentum, 2020 is slated to be another momentous year for Volvo with two new cars – the S60 T8 CKD and S90 Facelift – and a new dealership in Kota Kinabalu set to launch very soon.
Some other notable accomplishments of Volvo Car Malaysia in 2019 include:
- Increased market share in Plug-in Hybrid Electric Vehicle (PHEV) segment
- Launched 3 new cars: XC40 T5 CKD, S60 T8, and XC90 Facelift
- Launched 5 new dealerships: Setia Alam (Motion Beyond), Johor Bahru (Pekin Auto), Mutiara Damansara (Ingress Swede Automobile), Ipoh (iRoll Ipoh), and Ara Damansara (Sime Darby Swedish Auto)
- One of the first two markets to have a 100 percent Volvo Retail Experience dealership in APAC
The new Regional Training Centre is located in Symphony Square, Section 13 Petaling Jaya. This brand new space will play a pivotal role in annually delivering up to 7,500 man-days of training to staff and dealers from across the Asia Pacific region on technical and non-technical areas.
This training center and other shared services such as Finance Cluster, Technical Hub, and Procurement, which operate here, are expected to generate export service revenue of over RM100 million in the next 5-7 years.