SAF-HOLLAND Announces Strategic Cooperation with Volvo Truck Corp. - aftermarketNews

SAF-HOLLAND Announces Strategic Cooperation with Volvo Truck Corp.

Service network is being expanded in Europe by more than 1,000 spare parts distributors.

LUXEMBOURG – SAF-HOLLAND S.A. is reinforcing its sales potential in the spare parts business by joining forces with the Volvo Truck Corp. in the aftermarket sector. As part of this cooperation, Volvo Truck Corp. now includes SAF-HOLLAND spare parts in its European Truck Shop product range and thus supply service centers across Europe. SAF-HOLLAND spare parts are currently available at service centers in Europe, America, Asia, Africa and Australia.

“We are delighted with this strategically important cooperation because Volvo truck service centers are an ideal addition to our worldwide service network and a significant part of the expansion of our Aftermarket Business Unit,” said SAF-HOLLAND Group CEO Dr. Reiner Beutel.

The aftermarket’s share of Group sales is planned to increase from 22 percent to 25 percent in the medium-term and 30 percent over the long-term,  further improving SAF-HOLLAND’s strong market position. In addition, more partners were added in Europe when agreements with DAF Parts and MAN were concluded in 2008.

SAF-HOLLAND’s Aftermarket Business Unit supplies spare parts for the heavy duty truck business through a comprehensive network of OEM vehicle dealers, independent distributors, service centers and fleet operators. With vigorous sales and marketing activities, the company said its Aftermarket Business Unit has been a stabilizing factor for the Group, as this part of the organization has been less seriously affected by the market downturn than the OEM business for trucks and trailers. SAF-HOLLAND recorded a slight increase in order entry in this segment back in March. In the past, the spare parts business has been an early indicator of further developments in the truck and trailer market.

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