After the first arrival, Volvo Construction Equipment accelerates the development of the Chinese market.
According to public information. At the beginning of the acquisition, Shandong Lingong Construction Machinery Co., Ltd. in 2005, Shandong Lingong sales totaled 2 billion yuan. Its main products are various construction machinery, including wheel loaders, excavators, backhoe loaders and road rollers. In 2005, the total market was 110,000 units. Shandong Lingong is the fourth largest wheel loader manufacturer in China with a market share of approximately 11% in 2005.
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