
Martin Lundstedt, Volvo Group’s new president and CEO, held his first press meeting on his first morning on the new job Oct. 22 – and chose to do it outside of the usual corporate setting.
Martin Lundstedt, Volvo Group’s new president and CEO, held his first press meeting on his first morning on the new job Oct. 22 – and chose to do it outside of the usual corporate setting.

Martin Lundstedt and truck technician Patrik Granberg in vivid discussion. Photo: Tommy Holl

Martin Lundstedt, Volvo Group’s new president and CEO, held his first press meeting on his first morning on the new job Oct. 22 – and chose to do it outside of the usual corporate setting.
It meant the end of the six-month quarantine stipulated in the contract with his former employer, Scania. For three years Lundstedt was president and CEO of Scania, a company that, like MAN, is owned by Volkswagen.
The choice of location for this event provided a hint about new and more realistic times. The gathering took place on the shop floor of the largest Volvo Truck Center facility in Sweden. It’s located next to the highway to Norway just outside Gothenburg.

For obvious reasons Lundstedt could not say much about his plans for Volvo. However, expectations of increased profitability are great. Lundstedt is facing a marathon race to get to know staff, fellow employees, and get familiar with the product range and the various markets. Volvo's modern truck program is probably the least concern, while the portfolio of other brands may need to be reviewed and refined.
The number and diversity of makes in the Volvo group approaches a mechanical menagerie. Aside from Volvo, Mack, Renault and UD on-road trucks, plus the Dongfeng joint venture in China, there are Eicher Motors of India (commercial vehicles, motorcycles and ATVs, the latter as a joint venture with Polaris Industries of the U.S.); SDLG, Volvo and Terex off-road machinery; Prevost, Nova, UD and Sunwin buses, plus the marine arm, Volvo Penta.
Volvo's U.S. business needs to be reviewed, and Lundstedt will want to become familiar with Mack Trucks, a property that came along with the Renault Trucks acquisition in the early 2000s after Volvo's failed attempt to take over Scania.
Reporters watched as the new chief chatted with truck technician Patrik Granberg, a veteran with almost 30 years in the plant. They studied and discussed the state of diesel injectors that lay scattered on a workbench. It was a particularly hearty meeting, with two mechanically minded individuals appreciating precise equipment.
Volvo published this video of Lundstedt speaking with Jan Gurander, who now is leaving as acting president and CEO to resume his position as chief financial officer:

SAF-Holland reengineered the UltraLite40 Slider for the ULX40 Mechanical Sliding Suspension and Axle System to reduce weight, improve durability, extend trailer life, and increase payload efficiency.
Read More →
Volvo Trucks North America highlighted new connectivity, safety tech and production investments at TMC. The OEM also signaled that a new heavy-haul flagship tractor is coming soon.
Read More →
The system combines a fifth-wheel air release with stowage for air and electrical connections, helping prevent damage and reducing driver injury risk.
Read More →
New Haldex sensor technology from SAF-Holland integrates with telematics systems to give fleets continuous insight into air disc brake condition.
Read More →
The company’s expanded EPEQ ecosystem includes flexible solar panels, lithium batteries, hydraulic power systems, and a portable fast charger for electric trucks.
Read More →
Phillips Connect Smart Trailer enhancements give fleets deeper operational insights from trailers -- even when another provider supplies basic GPS tracking.
Read More →
Accuride’s patent-pending surface-coating technology targets filiform corrosion and promises easier cleaning, longer-lasting gloss, and greater durability for aluminum truck wheels.
Read More →
New approval for Valvoline Premium Blue One Solution Gen2 allows fleets running Cummins X15 engines to extend oil drain intervals by up to 25,000 miles -- reaching intervals as high as 100,000 miles.
Read More →
Peterson’s Genesis lighting system and repairable J560 connector target two persistent fleet problems: LED light failures and costly electrical connector downtime.
Read More →
Many fleets extended truck replacement cycles during recent market disruptions. But holding equipment too long can lead to higher repair costs, longer downtime, and new operational risks.
Read More →