SDLG sale hits Volvo CE Q1 sales, but market remains strong

Andy Brown Head of Content, Construction and Engagement

24 April 2026

Sales for Volvo Construction Equipment (Volvo CE) for the first quarter of 2026 decreased by 13% to SEK18,305 million (US$1.975 billion) compared to the same quarter in 2025, but the OEM said this was due to the divestment of SDLG.

In June 2025 Volvo CE announced that it had signed a contract to sell its ownership in China-based SDLG to a fund predominantly owned by the Lingong Group (LGG). As a result of this, sales were down in Asia for Volvo CE for the first quarter of the year from…

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