Volvo CE eyes infrastructure for sales expansion

Volvo Construction Equipment will step up efforts to expand presence in the China market, with the Swedish company eyeing a push into the country's new round of efforts to promote infrastructure investment.

Melker Jernberg, President of Volvo CE, said "Volvo has always been a pioneer in innovation and we are proud to demonstrate this through our role in China's incredible infrastructure growth."

Volvo CE said the Chinese construction machinery market was 42 percent bigger in the third quarter of 2018, compared to a year earlier, giving a boost to its local business.