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
The Swedish automaker sold 1,270 units in the first three quarters of the year as compared with 856 cars in the same period of last year.
Volvo Cars is working with Swedish partner Northvolt on a new generation of batteries with higher energy and designed to be packaged as a structural element of the vehicle
Volvo Car Group, owned by China's Geely Holding, announced plans for joint venture with Swedish battery maker Northvolt to develop sustainable batteries for its electric cars and set up a gigafactory
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 will provide XC90 SUVs equipped with backup steering and braking systems that DiDi Autonomous Driving will integrate with Didi Gemini, its new self-driving hardware platform
Swedish luxury car maker Volvo Cars on Tuesday said it will launch one electric car every year in India, starting with the full electric SUV, XC40 Recharge, in October this year
Malhotra, who currently serves as the Director Sales and Marketing, would be the first Indian to head the company in India
Sporty with a muscular sedan-like look and kitted with a petrol engine, the S60 scores big on comfort as far as interiors go
The robust sales performance of 1,242 units is spearheaded by the XC60 which contributed 25 per cent of the total volume
Volvo Cars to increase prices in India by up to 5% to offset import duty increase
Volvo Cars is on track to achieve the target after having registered record sales and a robust 28% growth in 2017
Volvo Cars had sold 1,585 units in 2016
Swedish luxury car maker Volvo Cars today said it has appointed Charles Frump as the new Managing Director of Indian operations. Frump replaces Tom von Bonsdorff who has moved to his home country Finland to pursue a new assignment within the Volvo Group after completing his tenure in India. Volvo Auto India Director-Sales & Marketing Jyoti Malhotra was the acting Managing Director in the interim. "It is a great opportunity to join Volvo Cars in India. As one of the highest potential luxury car markets in the world, India is extremely important for Volvo," Frump said in a statement. He added: "My role here is to continue and accelerate the robust growth for Volvo cars in India. I am well aware of the diversity and challenges India poses and I believe my experience in other emerging markets will help significantly in achieving our goals here." Frump has been associated with Volvo Car Group for over eight years. His previous stint with the group was in Sweden where he .
Volvo said that it will launch five fully electric cars between 2019 and 2021
Will work with Volvo Group India - truck, bus, construction equipment, Penta engines manufacturer
Two years of double-digit growth in the Indian market is making Swedish luxury car maker Volvo look at expanding its operations, with possibly local assembly.All Volvos sold in India are imported as completely built units and attract 120 per cent in various duties. Local assembly would bring duties down to 70 per cent and help the firm grow. "We would look at ways to start local assembly. One of the ways could be through a third party, with existing infrastructure. Of course, a lot of our people will be involved in the process," said Tom Von Bonsdorff, managing director of Volvo Auto India. Volvo sold about 1,600 cars in India in the 2016 calendar year, growing a little more than 12 per cent to its 2015 volumes. Volumes had grown 18 per cent in 2015. The company said the first quarter of this calendar year also saw double-digit growth. "We look to accelerate it. We should hopefully do 2,000-plus this year," said Bonsdorff. The firm competes with the German trio of Mercedes, Audi and ..
Volvo Auto India sold around 1,600 units last year
Company is looking for a push in luxury segment as it targets to sell over 2,000 vehicles in India