Volvo Auto India which will not be participating at the Auto Expo in Delhi in January 2010, has plans to launch the 2010-spec S80 luxury sedan in India priced around Rs 38- 40 lakh. Reports in media indicate that a conatiner carrying S80 sedans is already on its way to India and is likely to hit Indian shore by beginning of January 2010. In addition, the company is also proposing to roll out XC60 compact SUV in the first half of 2010 and the S60 saloon, both of which it believes are well suited to the requirements of the Indian market.

According to Volvo, the luxury car market (comprising of cars costing Rs 25 lakh and above) in India grew by 11 per cent in 2009, while sales of Volvo cars in the country grew by 16 per cent during the year. Volvo Auto India sold 900 cars last year and expects to beat the 10 per cent increase it had earlier projected for this year.

Even after delinking its business from Ford, VCI has stated that it is quite upbeat about the country’s operations and would also be intruding its global models in a phased manner. It has also been learnt that Volvo India is keen to set up a car assembly unit in India, if its annual numbers touch 2,000 units. After established its presence in seven cities; Delhi, Mumbai, Chandigarh, Hyderabad, Cochin, Chennai and Pune currently in India, the company is now chalking out robust strategies to enhance its dealership base to Goa, Kolkata, Bangalore and Ahmedabad and Coimbatore.

Read more: Volvo lines up S80, S60 sedan and XC60 SUV for India in 2010 – WheelsUnplugged Automobile Industry News
Under Creative Commons License: Attribution