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Volvo Car's sales in India increased by 33% in January-June period

Volvo Car India on Wednesday said its sales grew 33 per cent year-on-year to 1,089 units in the January-June period

Volvo Cars' XC90 premium SUV

Volvo Cars' XC90 premium SUV

Press Trust of India New Delhi

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Volvo Car India on Wednesday said its sales grew 33 per cent year-on-year to 1,089 units in the January-June period.

The company had delivered 818 units in the corresponding period of last year.

The growth was primarily driven by the XC60, which experienced a substantial 35 per cent increase resulting in 376 deliveries, the automaker said in a statement.

Additionally, the locally assembled all-electric XC40 Recharge performed exceptionally well, with sales of 289 units in the first half of the year, accounting for 27 per cent of the total volume, it added.

"The performance in the first half serves as a promising indicator, instilling confidence that the upcoming months will yield even better outcomes," Volvo Car India Managing Director Jyoti Malhotra noted.

 

With the upcoming launch of electric model C40 Recharge in August, the aim is to surpass its best ever year, he added.

The introduction of the C40 Recharge aligns with Volvo's commitment to achieve a fully electrified vehicle portfolio by 2030.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Jul 12 2023 | 5:28 PM IST

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