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33 days ago
Apr 21, 2012

Volvo India aims for 15 percent share in luxury car segment

Swedish automobile manufacture Volvo’s Indian subsidiary Volvo Auto India Private Limited is targeting 15 percent share of the luxury car segment in India by the year 2020. The company plans to increase its presence in the Indian car industry by launching new car models in India. According to Mr. Tomas Ernberg Managing Director Volvo Auto...
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35 days ago
Apr 19, 2012

Volvo India opens ‘designed around you’ car showroom in Chennai

Volvo Auto India, the Indian subsidiary of the Swedish automobile manufacturer has inaugurated a new showroom in Chennai featuring the company’s ‘designed around you’ initiative. The initiative is Volvo’s global brand strategy announced in 2011 and refers to the designing of the car according to the needs and comfort of the buyer. The new...
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98 days ago
Feb 16, 2012

Volvo India introduces new variants of car models

Volvo Auto India, the India unit of Volvo Cars Corporation launched three variants of its car models in India on February 15, 2012 which are powered by smaller engines and are thus cheaper than the existing car models. The step has been taken by the company in order to achieve its target of selling 20,000 annually by 2020. The sedans S60 and...
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142 days ago
Jan 03, 2012

Volvo Auto India’s Volvo S60 to debut as official car at Chennai Open 2012

Volvo Auto India in association with the Aircel Chennai Open 2012 will be displaying the Volvo S60 as the official car for the tennis event. The luxury sedan launched in March 2011 will be the backdrop for all the matches to be played during the event which will be go on from January 2 to January 8, 2012. Moreover, the dignitaries, the players and...
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205 days ago
Nov 01, 2011

Volvo’s two ‘green concept’ cars to be launched by 2015

Mr. Tomas Ernberg, Volvo Auto India’s Managing Director recently stated the company’s plan to launch two ‘green concept’ cars by 2015. Mr. Ernberg told Business Standard that both its concept cars – ‘You’ (sedan) and ‘Universe’ (S-class) would come equipped with online communication technologies. He added, “These cars will have online features...
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273 days ago
Aug 25, 2011

Volvo to unveil excavators made in India

Volvo Construction Equipment (Volvo CE), part of Volvo India Private Ltd (VIPL), will launch excavators made in India by November 2011. According to a top company official, for the first time in India, the company plans to manufacture excavators up to 30-tonne capacity. VIPL Managing Director, Mr. AM Muralidharan stated that the company has a...
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306 days ago
Jul 23, 2011

Volvo cars to become more affordable in India

Volvo Auto India, in an attempt to push its sales, is planning to launch cheaper and more affordable cars in the Indian market. The high prices of its cars owing to their import as CBUs seem to be the main reason for low sales in comparison to other players in the premium segment. The company plans to bring a few changes in its existing models and...
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352 days ago
Jun 07, 2011

Vento (diesel) price to be hiked by 2.2 percent

To cope with increasing input costs, German carmaker Volkswagen India on June 6th, 2011, announced its decision to hike the price of its Vento (diesel variant) by 2.2 % from July 1st, 2011. The petrol variant, priced between 6.99 lakh to Rs 9.22 lakh (ex-showroom, Delhi) will see no price hike. Neeraj Garg, Volkswagen Group Sales India Pvt Ltd...
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589 days ago
Oct 13, 2010

Volvo to launch compact SUV XC60 on November 24

Swedish auto company Volvo will launch its compact SUV, the XC60, in India on November 24, 2010. Volvo Auto India MD, Paul de Voijs, told mediapersons that the XC60 would set a higher standard in the country’s compact SUV segment with a range of new features and ‘smart safety systems’ including laser and camera-assisted automatic braking. It will...
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703 days ago
Jun 21, 2010

Volvo recalls 29,299 vehicles to repair faulty gears

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...
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