VOLVO is to resume building tracked excavators in Europe, in a bid to negate the effect of poor exchange rates.
Chief executive Tony Helsham announced that excavator production was starting in the firm's German wheeled excavator factory in Konz, and would include the flagship 70 tonner, launched at the show (right). Since the acquisition of Samsung, virtually all of Volvo's excavators have been built in Korea.
Mr Helsham restated the firm's appetite for acquisitions 'during the next two years' provided an appropriate target came into view.
Volvo is also best placed of all manufacturers to bring in emissions compliant engines, he said.'Only a select number of manufacturers will be able to come up with engines for Tier IV and we are the biggest producer of heavy duty diesel engines, thanks to our truck division.'