Page 2 - Volvo Cars

Clean drive: Volvo to make only fully electric and hybrid cars from 2019

Volvo said that it will launch five fully electric cars between 2019 and 2021

Swedish car maker Volvo Cars to start assembly operations in India in 2017

Will work with Volvo Group India - truck, bus, construction equipment, Penta engines manufacturer

Volvo plans 'Make in India' car after double-digit growth

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 ..

Make in India: With India unit, Volvo aims for 10% market share by 2020

Volvo Auto India sold around 1,600 units last year

Volvo Cars launches performance-oriented sedan S60 Polestar at Rs 52.5 lakh

Company is looking for a push in luxury segment as it targets to sell over 2,000 vehicles in India