VFS continues to strengthen and standardize its operations in ways that increase efficiency, execution and speed to market. This approach has prepared VFS to capitalize on profitable growth opportunities with stable, efficient and scalable business platforms.
In the mature markets of North America and Europe, VFS continues to improve operational leverage and optimize results with standard technologies, solutions and shared services. In developing markets such as China, Russia and Brazil, VFS continues to make investments in prudent growth with a focus on strengthening local operations and maintaining a disciplined risk management structure. Downturn preparation and readiness are always in focus for such markets regardless of the current business environment. In India, VFS serves the market with a branded private label alliance in support of Volvo Group unit sales.
Increased profitability and growth