Auto

Volvo Cars finishes the remarkable year with record sales, registers 28 per cent growth

by Suman Gupta

Mumbai, January, 2018: Swedish luxury car company, Volvo Cars, announced today a robust 28 per cent annual growth in volumes, ending the calendar year 2017 with highest ever 2029 retails. The sturdy sales performance comes on the back of a great year marked by exciting new product launches, successful start of local assembly, network expansion and exemplary brand engagement programmes.

Charles Frump, Managing Director, Volvo Auto India shared, “The Year 2017 indeed has been a record year for us as we witnessed the introduction of some exciting products  S60 Polestar, V90 Cross Country and the all new XC60. Successful roll-out of the first locally assembled car, the XC90 emphasises our commitment to India and it is a significant step in our achievement of targets. We are on track to double our segment share to 10% by the end of 2020. 2018 looks even more exciting with a full year sales of the New XC60 and on exciting compact luxury SUV scheduled to be launched mid year.”

Volvo Auto India : Swedish luxury car company Volvo Auto India (VAI) established its presence in India in 2007 and has since then, worked intensively to market the Swedish brand in this country. Volvo Cars currently markets products through its dealerships in South Delhi, West Delhi, Gurgaon, Ahmedabad, Surat, Mumbai, Chandigarh, Coimbatore, Hyderabad, Chennai, Bangalore, Kochi, Vishakhapatnam, Kolkata, Vijayawada, Jaipur, Pune, Ludhiana and Lucknow.

India Model line-up

Sedan – S60 & S90

Cross Country – V40 Cross Country, V90 Cross Country & S60 Cross Country

SUVs – XC90 & XC60

Hatchback- V40

Performance – S60 Polestar

Related posts

AUTO i CARE becomes the first mover in after-sales value chain for India’s automotive industry

PIAGGIO GROUP: MICHELE COLANINNO ELECTED ACEM PRESIDENT FOR A SECOND TERM

I love Sports Cars – Upen Patel

Leave a Comment

79 + = 87