Volvo Car

Some customers will hold back from buying EVs due to lack of such infra

Luxury car maker Volvo Car India on Thursday said it will increase prices of its three models -- XC90, XC60 and XC40 Recharge -- by up to 1.8 per cent with effect from November 25 in order to offset the impact of rising input costs. The prices of the S90 Petrol Mild-Hybrid, and XC40 Petrol Mild-Hybrid however remain unchanged. The ex-showroom price of XC40 Recharge will rise to Rs 56.9 lakh from Rs 55.9 lakh currently. Similarly, prices of XC 60 will rise to Rs 66.5 lakh and that of XC90 to Rs 96.5 lakh from Rs 94.9 lakh earlier. Continued disruption of global supply chains leading to higher logistic costs has led to an increase in input costs, the Swedish carmaker said in a statement. The company, however, is committed to price protection of customers who have booked their cars till today, it added. All bookings from Friday will attract new prices, the automaker stated. "The rising global inflation has forced us to share some of the rising input cost with our consumers," Volvo

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"The launch of the XC40 Recharge and its assembly at our Bangalore plant further reinforces Volvo Car's long-term vision and commitment to India and the Indian consumer," Volvo MD Jyoti Malhotra said

The XC40 Recharge is likely to be priced between Rs 60 lakh and Rs 70 lakh and it is expected to compete against Kia EV6, and the Hyundai Ioniq 5

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Volvo Car India on Thursday announced a contribution of Rs 75 lakh to the PM CARES Fund towards COVID-19 relief measures.

Volvo Car India on Friday said it has covered all employees of its dealerships under a term insurance policy of up to Rs 10 lakh in the wake of the second wave of the coronavirus pandemic. Stating that one of the major concerns during this pandemic has been the fate of a family that loses its breadwinner, the company said it is addressing this concern and will bear the premium cost and has undertaken the term insurance of all personnel employed at its 25 dealerships across India. "Under this initiative, in the unlikely and unfortunate event of a dealer employee's demise due to COVID-19, the employee's family will receive a compensation up to Rs 10 lakh," Volvo Car India said in a statement. Commenting on the initiative, Volvo Car India Managing Director Jyoti Malhotra said as dealer employees are usually the first interface that Volvo customers have with the company, they play a crucial role in customer satisfaction. "For us they are an integral part of our team and therefore the .

Volvo Car India on Monday said it has increased prices of most of its products by up to Rs 2 lakh with immediate effect in order to partially offset the impact of rising input costs.

Volvo Car India on Monday said it will bear the cost of vaccinating its employees against Covid-19

Volvo Cars is recalling 54,000 US vehicles for an air bag defect after a report of one crash death, according to a filing with US regulators.

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The app is now live in the Play Store, it is basically the same as the previous app but just adds an icon that is slightly different and it is only compatible with Android 10 on certain devices.

The growth was driven by the premium SUV XC60 and the new compact SUV New XC40, the company said in a release