Volvo Car Corporation has announced that they are working on launching two new models in the next 12 months in India.

The company aims to target the growing customer base which goes for the premium luxury cars here in India.

Volvo XC60 sports utility vehicle would be launched in the first half of the year.

Volvo S60 luxury sedan would arrive by the end of the year.

Source: Tech Whack

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The Volvo XC60 took first prize in the “Family Car of the Year” category in the first-ever Women’s World Car of the Year competition.

All told, 21 cars competed in four categories when eight female motoring journalists from seven countries voted for their favourite cars.

“It is naturally immensely gratifying that women appreciate the Volvo XC60 and that our product meets their requirements. With the Volvo XC60 we feel we have truly succeeded in creating a car that appeals to many different customer groups,” says Johan Rasmusson, Car Line Manager for the Volvo XC60 and XC90 at Volvo Cars.
Over the past year, eight female motoring journalists from Britain, the USA, Canada, South Africa, India, Australia and New Zealand put 21 selected cars to the test. The group and the award were created to educate the world’s car makers about female customers’ requirements.

Read the full story on Automotive.

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Swedish car manufacturer Volvo Cars which has rechristened its firm’s name to Volvo Auto India Private Limited, will be focussing on using its resources towards promoting new cars which it plans to launch in India in 2010.

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
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