Page 2 - Volvo
Mid-size SUVs, deluxe commuter bikes outshine peers, shows SIAM data
Among the two wheelers, motorcycles in the 150cc to 200cc segment have been the outliers
 "Mid-size SUVs, deluxe commuter bikes outshine peers, shows SIAM data")
Volvo Buses India integrates with VECV in merger valued at Rs 100 cr
Two bus businesses will become part of a new division in VECV, say executives.
 "Volvo Buses India integrates with VECV in merger valued at Rs 100 cr")
Daimler, Volvo, other truckmakers win dismissal of $950-million Cartel suit
The ruling is a setback for the purchase model invented to make up for Germany's lack of of US-style class actions
 "Daimler, Volvo, other truckmakers win dismissal of $950-million Cartel suit")
VE Commercial Vehicles sales decline 19% at 5,042 units in December
The company, which is a Volvo Group and Eicher Motors joint venture, said Eicher branded trucks and buses recorded a total sales 4,910 units last month as compared to 6,113 units in December 2018
 "VE Commercial Vehicles sales decline 19% at 5,042 units in December")
Volvo eying bigger share of Indian market riding on class-leading services
Volvo says it will achieve its target with a clear-cut strategy that rests on rapid launch of new products, expansion of its dealership network
 "Volvo eying bigger share of Indian market riding on class-leading services")
Volvo plans to scale up market share in luxury car segment to 10% by 2020
The company aims to be the market leader when it comes to electric cars in the luxury segment.
 "Volvo plans to scale up market share in luxury car segment to 10% by 2020")
Volvo unveils driverless electric bus in Singapore; to start trial soon
Data from the trials will be used to improve the technology before the driverless buses are put to the test on public roads
Demand outlook, emissions worries put brakes on Volvo in Europe, China
Volvo, which also makes construction equipment and engines, forecast truck market demand in China would fall about 13 percent
Volvo warns some vehicles may exceed emission bars due to faulty component
Volvo, which sold 143,373 trucks in Europe and North America last year, said it was in the process of informing authorities
 "Volvo warns some vehicles may exceed emission bars due to faulty component")
Volvo shares hit record as profit, order intake shine in third-quarter
The broad upturn in demand was also in evidence in Daimler's quarterly results
 "Volvo shares hit record as profit, order intake shine in third-quarter")
Volvo keen to expand footprint in UP, launches dealership in Lucknow
So far, Volvo served customers in the state through its dealership based in the NCR
 "Volvo keen to expand footprint in UP, launches dealership in Lucknow")
Volvo to start local assembly; first India-made car to roll out by year-end
India to be Swedish car maker's second assembly base after Malaysia
 "Volvo to start local assembly; first India-made car to roll out by year-end")
High growth drives Volvo to weigh local assembly options
Volvo sold about 1,600 cars in India in 2016 calendar year
 "High growth drives Volvo to weigh local assembly options")
Volvo wants to set up unit in India to cut import duty; try us, says Odisha
With Swedish luxury car maker evaluating possibilities of setting up its assembly plant in India, Odisha has thrown its hat in the ring.The state government has invited Volvo Auto India to explore Odisha as a destination for its assembling facility by dangling an array of incentives the state offers. "We are given to understand that Volvo Auto India is exploring to set up an assembly unit in India. We invite you to consider setting up the unit in Odisha. The state's existing Industrial Policy Resolution (IPR) provides very competitive incentives for automobile manufacturers. In addition, a new dedicated policy for auto and auto components sector is on the anvil which will ensure unmatched competitive advantage for companies setting up units in the state", Odisha industries secretary Sanjeev Chopra stated in a letter to Tom von Bonsdorff, managing director, Volvo Auto India Ltd.Volvo is looking for an assembly plant in the country as it was losing heavily by forking out steep import ...
Volvo launches luxury sedan S90 at Rs 53.5 Lakh
Volvo Cars, known for its SUVs and Estates, sells its flagship 7-seater luxury SUV XC90 which is its volume grosser
 "Volvo launches luxury sedan S90 at Rs 53.5 Lakh")
Volvo's India R&D developing trucks for global market
India is the third biggest R&D centre for Volvo after Sweden and France in headcount
 "Volvo's India R&D developing trucks for global market")
Volvo launches hybrid SUV XC90 T8 Excellence at Rs 1.25 crore
The model is based on the company's XC90 model
Volvo launches India's first plug-in hybrid SUV at Rs 1.25 cr
When in use for long distances, the vehicle can be run on a hybrid mode or a power mode where petrol will be consumed
Volvo Auto India hires Nalin Jain as CFO
It also seeks to increase sales volume and secure a 10% market share in the luxury car segment by 2020
 "Volvo Auto India hires Nalin Jain as CFO")
Volvo Penta announces plans to manufacture industrial engines locally
Engines, 5 & 8 litre, will be manufactured at VE Powertrain plant in Pithampur near Indore
 "Volvo Penta announces plans to manufacture industrial engines locally")
