DriveInside.com | Monday June 21, 2010
Swedish auto company, Volvo, has recalled 29,299 of its vehicles to repair faulty gearboxes. The recalled cars include all the company’s 2010 and 2011 models that come with a six-speed manual gearbox. Volvo spokesperson, Per-Aake Froesberg, said that the recall would apply to the company’s markets across the world, with Britain, Sweden and Germany Read More...
DriveInside.com | Tuesday March 30, 2010
Zhejiang Geely, the Chinese company that recently bought Volvo Cars from Ford Motor, is eyeing the burgeoning Chinese car market to lift the fortunes of the ailing Swedish brand. The loss-making Volvo has much to gain from China, where sales volumes continue to grow even as international markets decline. Industry analysts are of the opinion that Read More...
DriveInside.com | Monday March 29, 2010
Chinese auto-company Zhejiang Geely last week signed a deal with USA’s Ford Motor to buy the latter’s Swedish unit, Volvo Cars, for $1.8 billion. This will be the largest overseas acquisition by a Chinese automaker. The deal was finalized by Zhejiang Geely’s Chairman Mr Li Shufu and Ford Motor’s Chief Financial Officer Mr Lewis Booth in Read More...
DriveInside.com | Wednesday March 17, 2010
Swedish carmaker Volvo last week brought its crossover vehicle, the XC60, to India for homologation. The XC60 will be launched in the first half of 2010, and will target customers with an ‘active urban lifestyle’. Mr. Paul de Voijs, Managing Director, Volvo Auto India, said that in its first two years in India, the company had focused on brand Read More...
DriveInside.com | Thursday February 4, 2010
Swedish auto company, Volvo, launched a new version of the S80 in India this week, priced at Rs 38.9 lakh (ex-showroom, Mumbai) and Rs 37 lakh (ex-showroom, Delhi). The new Volvo S80 comes with a 2.4 litre D5 engine, which uses the latest twin-turbo and Piezo high pressure technology. It boasts of a fuel efficiency of 13.09 km/litre, and complies Read More...
DriveInside.com | Thursday January 21, 2010
Swedish auto company, Volvo, announced its expansion plans for India in a press statement last week. Mr Paul de Voijs, Managing Director of Volvo Auto India, said that
the company’s goal was to become a trusted automobile luxury brand in the Indian market. Significant among the new cars that Volvo India will introduce in 2010 are the crossover Read More...
DriveInside.com | Thursday December 24, 2009
US-based Ford Motor Company is likely to complete the sale of its Volvo Car Corp. to China’s Zhejiang Geely Holding Group Co by the second quarter of 2010. The two companies announced in press statements this week that Ford has agreed to most terms of the sale, and an official agreement may be signed in the first three months of 2010. On October Read More...
DriveInside.com | Thursday November 26, 2009
Volvo Buses India expects to see a 40 per cent growth in its sales in the country this year. The company’s Managing Director, Mr Akash Passey, told mediapersons that the increase in sales was largely due to a greater number of institutional orders. Demand from smaller private players, in comparison, continues to be low. Mr Passey said that the Read More...
DriveInside.com | Tuesday November 10, 2009
The joint venture between auto companies Volvo and Either Motors will start producing their entire range of semi low-floor buses in the second half of 2010. Sidhhartha Lal, Managing Director and CEO of Eicher, said that the company would produce at least 100 buses a month after production was started.
Speaking on the sidelines of the World Read More...
DriveInside.com | Thursday August 6, 2009
Sweden based car company Volvo will be launching its luxury sedan, the S60, in India by the end of 2010. The S60, which was phased out in May this year, will be re-introduced in Europe in an advanced version in the middle of 2010. It will be after its re-launch in Europe that the car will come to India. Volvo Car India Managing Director, Paul de Read More...
DriveInside.com | Thursday July 9, 2009
Volvo Car India yesterday slashed the prices of its SUV, the XC90, by Rs 4 lakh across variants. The new prices – Rs 42.5 lakh for the D5 diesel variant, Rs 43.5 lakh for the 3.2 L petrol variant and Rs 49.5 lakh for the V8 petrol variant – are effective from July 9, 2009. A press statement from Volvo India said that it has slashed prices in light Read More...
DriveInside.com | Friday December 12, 2008
Volvo Car India launched its XC90 Ocean Race Edition last week, in connection with the Volvo Ocean Race 2008-2009. The company, which is barely a year old in India, plans to launch 25 special edition SUVs with the aim of building the brand in the country. 10,000 special edition Volvo cars will be sold all over the world as part of the nine-month Read More...
DriveInside.com | Wednesday October 15, 2008
Luxury car maker Volvo India launched the SUV XC90 R-Design. Priced at Rs. 58 lakh (ex-showroom, Delhi), the SUV is equipped with the powerful 32 valve V8 4.4 litre petrol engine and is available in five colours. The XC90 is equipped with numerous luxury and safety features and comes with sport-tuned chasis, sports calibrated steering and Read More...
DriveInside.com | Thursday September 25, 2008
Swedish luxury car maker Volvo Car India announced its entry into the southern region with opening of its dealership in Hyderabad. The dealership will be in partnership with Talwar Cars Pvt. Ltd. and would be located at Road No 12, Banjara Hills, Hyderabad. Talwar Cars Pvt Ltd will open the doors for the consumers in South India in the last Read More...
DriveInside.com | Monday September 8, 2008
Swedish luxury car maker, Volvo is planning to establish a manufacturing facility for its luxury cars in India. As the demand for its passenger cars increase, it will construct an assembly plant in India within the next 18 months.
Due to the fact that Volvo cars are imported from Sweden, they attract an additional 112% import duty but once the Read More...
DriveInside.com | Saturday August 23, 2008
Ford Motor Company owned Volvo Car India (Volvo) said it has plans to strengthen the dealer network and sell around 400-500 in India by the end of the fiscal year. It would also launch 2-3 new models in future.
Volvo currently sells sedan S80 and SUV XC 90 in India.
Speaking to the press Mr. Paul de Voijs, MD of Volvo Car India said "In Read More...
DriveInside.com | Wednesday June 25, 2008
Luxury carmaker, Volvo Car India introduced the Road Traffic Information (RTI) system. The navigation system facilitates travel to predetermined destinations and through unfamiliar traffic environments, ensuring a hassle free travel experience.
Available at an additional cost of Rs. 1.5 Lakh, the memory card based system is fully integrated Read More...
DriveInside.com | Tuesday March 11, 2008
Volvo Car India announced the opening of its flagship dealership in Delhi, followed by other dealerships in Chandigarh and Mumbai, raising the total number of dealerships across the country to 7-9 by the end of the current year to tap the growing luxury automobile market in India.
“All the three dealerships will have the same visual identity Read More...
DriveInside.com | Wednesday March 5, 2008
In the ongoing Geneva Motor Show, Volvo made known its decision to launch its sports utility vehicle XC60 in India in 2009. The car was launched in the Motor Show going on in Geneva.
Volvo Car India’s MD Mr. Paul De Voijs said, “With the launch of the Volvo XC60 in India, we will be broadening our range to attract more customers with an active, Read More...
DriveInside.com | Thursday February 7, 2008
Volvo decides to go into discussions with its parent company in Sweden to start local assembly of its cars in India. Volvo is also considering possible synergies with Ford Motor India for belting out of cars locally.US Ford Motors globally owns Volvo’s passenger car business.
“By the end of this year, we would start discussing possible assembly Read More...
DriveInside.com | Thursday February 7, 2008
World’s second-largest truck maker saw a 9.8 percent growth in its quarterly profit despite the setback of US currency-drop. The profits were bolstered by a boom in East European sales for the Swedish manufacturer.
While sales increased by 25 percent to 84.6 billion kronors, the company’s income increased from 3.7 billion kronor to 4.06 billion Read More...
DriveInside.com | Thursday February 7, 2008
Swedish Auto biggie had signed a letter of intent with Eicher in December last year to power the latter’s CVs with Volvo engines to meet the emission requirements when they change 2010 onwards. Volvo also elaborated on their plans to introduce Nissan Diesel trucks in India by 2009. Read More...