Published on February 1st, 2019 | by Subhash Nair0
Volvo Car Malaysia Had a Great 2018, Appoints New Managing Director for 2019
2018 was a great year for Volvo Car Malaysia. They delivered 1,384 cars, 35% more than they did in 2017. But that was just locally. The company also exported a record number of vehicles. 1,889 units of Malaysian-assembled V40, XC40, S60, V60, XC60, and XC90 models found their way to Thailand, Taiwan, Philippines and Vietnam.
The transformation plan that led to this success was spearheaded by Mr Lennart Stegland, Volvo Car Malaysia’s Managing Director. The multi-pronged strategy involved an overhaul of retail operations, customer touch points, and product offerings in Malaysia.
Volvo Car Malaysia is projecting double-digit growth in 2019 with the new XC40 and the opening of more retail locations as the two main drivers.
Unfortunately, Mr Stegland will be retiring having served in Volvo for 40 years in leading R&D, Marketing and Sales positions. Volvo Car Malaysia’s new Managing Director, Mr Nalin Jain will take over on the 1st of March.
Prior to this undertaking, Mr Jain was the Chief Financial Officer of Volvo Auto India and has over 20 years of experience in the automotive, consulting, and technology fields. Mr Jain holds a Master’s Degree in Engineering from State University of New York and an MBA from the Sloan School of Management in