Sharply lower global demand, especially in the mining sector, weighs on first quarter 2013 results at Volvo CE. But with improved profitability over the previous quarter and inventories now in balance, the company has increased production to meet the spring selling season.

Volvo Construction Equipment President Pat Olney used his bauma 2013 press conference speech to unveil the company’s Stage IV/Tier 4 Final emissions technology – a system comprehensively tested in thousands of hours of field trials and already proven in over a million on-highway Volvo Trucks.

World-leading OEMs have signed supply agreements for Volvo Penta Tier 4/Final off-road diesel engines, with deliveries starting next year. With the strength of the Volvo Group's overall service and product offering, Volvo Penta conquers more and more global customers in the off-road segment.