Volvo CE number 1 in China

With a volume totaling 405,000 machines, the Chinese market for construction equipment is the world's largest. When measured in number of units, it is in fact almost as large as the rest of the world put together. And the Volvo Group is number 1 in wheel loaders and excavators in China. During 2011 Volvo Construction Equipment's both brands Volvo and SDLG had a combined market share of 12% within wheel loaders and excavators. That made them market leaders in China, ahead of all domestic manufacturers and with a good margin to the other global manufacturers. Contributing to the success was the fact that SDLG started selling a range of four excavators, a product they previously lacked. In January 2012, SDLG's new excavator plant in Linyi, China was inaugurated and at the same time four updated versions of the excavators were launched, In addition, the product range was extended with one excavator.