Volvo to introduce luxury sedans in India next year

<div dir="ltr" style="text-align: left;" trbidi="on"><span class="Apple-style-span" style="background-color: white;"></span><br /> <h3 class="post-title entry-title" style="color: black; font-family: 'droid serif'; font-size: 23px; line-height: 1.4em; margin-bottom: 0px; margin-left: 0px; margin-right: 0px; margin-top: 0.25em; padding-bottom: 4px; padding-left: 0px; padding-right: 0px; padding-top: 0px;">Volvo to introduce luxury sedans in India next year</h3><div class="post-header" style="color: #333333; font-family: Arial, serif; font-size: 14px;"><div class="post-header-line-1"></div></div><div class="post-body entry-content" id="post-body-8680145054404736928" style="margin-bottom: 0.75em; margin-left: 0px; margin-right: 0px; margin-top: 0px;"><div class="separator" style="clear: both; color: black; font-family: Arial, serif; font-size: 14px; line-height: 1.6em; text-align: center;"><span style="font-size: x-small;"><b><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2Dev3qPSjg1S130NckT0o0zs8TjidsEeOstkIf4CtEVx7nOaKShK8EtLOKC3po-gsF0WwkW6ONsPJvHSShtf5i5ePu2Sfk9lh7WfU4qR96ZfEEcaEhuVw0aao1a-23Lv_xz7zlkHo4Fmw/s1600/1311593101A3811.jpg" imageanchor="1" style="color: #3366cc; margin-left: 1em; margin-right: 1em; text-decoration: none;"><img border="0" height="225" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj2Dev3qPSjg1S130NckT0o0zs8TjidsEeOstkIf4CtEVx7nOaKShK8EtLOKC3po-gsF0WwkW6ONsPJvHSShtf5i5ePu2Sfk9lh7WfU4qR96ZfEEcaEhuVw0aao1a-23Lv_xz7zlkHo4Fmw/s400/1311593101A3811.jpg" style="border-bottom-color: rgb(238, 238, 238); border-bottom-style: solid; border-bottom-width: 0px; border-left-color: rgb(238, 238, 238); border-left-style: solid; border-left-width: 0px; border-right-color: rgb(238, 238, 238); border-right-style: solid; border-right-width: 0px; border-top-color: rgb(238, 238, 238); border-top-style: solid; border-top-width: 0px;" width="400" /></a></b></span></div><div style="color: black; font-family: Arial, serif; font-size: 14px; line-height: 1.6em; text-align: center;"><br /> </div><span class="Apple-style-span" style="color: #333333; font-family: Arial, serif;"><span class="Apple-style-span" style="font-size: 14px; line-height: 1.6em;"><a href="" name="more"></a></span></span><div style="color: black; font-family: 'Trebuchet MS', sans-serif; font-size: 14px; line-height: 1.6em; text-align: center;"><span style="font-size: x-small;"><b>Swedish automobile manufacturer Volvo Cars Corp is considering introducing corporate editions of its luxury sedans S60 and S80 to shore up volumes in the Indian market.</b></span></div><span style="color: black; font-family: Arial, serif; font-size: x-small; line-height: 1.6em;"><b></b></span><br /> <div style="color: black; font-family: 'Trebuchet MS', sans-serif; font-size: 14px; line-height: 1.6em; text-align: center;"><span style="font-size: x-small;"><b><br /> </b></span></div><span style="color: black; font-family: Arial, serif; font-size: x-small; line-height: 1.6em;"><b></b></span><br /> <div style="color: black; font-family: 'Trebuchet MS', sans-serif; font-size: 14px; line-height: 1.6em; text-align: center;"><span style="font-size: x-small;"><b>Tomas Ernberg, the new managing director for Volvo Auto India said, “We are looking at introducing stripped-down version of our luxury sedans. The corporate editions would have less features and may hit the Indian market in the first quarter of the next year.” A stripped-down version would help Volvo reduce the prices of its cars and help compete with much larger German rivals BMW, Mercedes and Audi.</b></span></div><span style="color: black; font-family: Arial, serif; font-size: x-small; line-height: 1.6em;"><b></b></span><br /> <div style="color: black; font-family: 'Trebuchet MS', sans-serif; font-size: 14px; line-height: 1.6em; text-align: center;"><span style="font-size: x-small;"><b><br /> </b></span></div><span style="color: black; font-family: Arial, serif; font-size: x-small; line-height: 1.6em;"><b></b></span><br /> <div style="color: black; font-family: 'Trebuchet MS', sans-serif; font-size: 14px; line-height: 1.6em; text-align: center;"><span style="font-size: x-small;"><b>BMW had, in the past, introduced a cheaper variant of its 3-series sedan to attract more customers. The 3-series sedan is the largest selling BMW car in India. The company sold 2381 units of the 3-series sedan in the last financial year. The sedan accounted for over a third of the total sales for the company in India in 2010-11.</b></span></div><div style="color: black; font-family: 'Trebuchet MS', sans-serif; font-size: 14px; line-height: 1.6em; text-align: center;"></div><div style="color: #783f04; font-family: 'Trebuchet MS', sans-serif; font-size: 14px; line-height: 1.6em; text-align: center;"><div style="color: black; font-family: 'Trebuchet MS', sans-serif;"><span style="font-size: x-small;"><b>Currently, Volvo Cars imports and sells luxury sedans S60 and S80 and premium sports utility vehicles (SUVs) XC60 and XC90 in the country. Volvo cars in India are priced between Rs 27 lakh and Rs 52 lakh (ex-showroom).</b></span></div><span style="color: black; font-size: x-small;"><b></b></span><br /> <div style="color: black; font-family: 'Trebuchet MS', sans-serif;"><span style="font-size: x-small;"><b><br /> </b></span></div><span style="color: black; font-size: x-small;"><b></b></span><br /> <div style="color: black; font-family: 'Trebuchet MS', sans-serif;"><span style="font-size: x-small;"><b>The company has no plans to set up a manufacturing unit in India in “the foreseeable future”. “In the segments in which we have products, our pricing is aggressive and comparable to competition. We are not looking at setting up an assembly unit in the near future”, said Ernberg. The company’s scale of operations in India is currently small. Volvo sold 130 units last year and expects to triple its sales to 400-500 units this year. It sells its four models through seven sales outlets in New Delhi, Mumbai, Chandigarh, Coimbatore, Hyderabad, Kochi and Pune.</b></span></div><span style="color: black; font-size: x-small;"><b></b></span><br /> <div style="color: black; font-family: 'Trebuchet MS', sans-serif;"><span style="font-size: x-small;"><b><br /> </b></span></div><span style="color: black; font-size: x-small;"><b></b></span><br /> <div style="color: black; font-family: 'Trebuchet MS', sans-serif;"><span style="font-size: x-small;"><b>The luxury car market in India stood at around 15,000 units in 2010. The segment has been posting strong growth numbers and is projected to increase by 40 per cent to touch 21,000 units this year. BMW sold 7,079 units in the last financial year, compared with 6,753 units sold by Mercedes Benz and 3,982 units sold by Volkswagen Audi. Volvo Cars is owned by Chinese automaker Zhejiang Geely Holding Group Co, which bought the company from Ford Motor Co last year.</b></span></div></div></div></div>

Volvo to introduce luxury sedans in India next year

Volvo to introduce luxury sedans in India next year Swedish automobile manufacturer Volvo Cars Corp is considering introducing corporate e...

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Volvo Auto launches 'S60' at Rs 27 lakh

<div dir="ltr" style="text-align: left;" trbidi="on"><b><i><span id="interior-depth"><span width="400">The sedan will be available in both petrol and diesel variants --T6 AWD Petrol with 304 hp and 440 Nm and D5 Diesel with 205 hp and 420 Nm.</span></span></i></b><br /> <b><i><span id="interior-depth"><span width="400">New Delhi, Mar 10 : Car maker <span style="color: rgb(237, 0, 140) ! important; font-family: inherit ! important; font-size: inherit ! important; font-weight: inherit ! important; position: static;"><span class="kLink" style="background-color: transparent; border-bottom: 1px solid rgb(237, 0, 140); color: rgb(237, 0, 140) ! important; font-family: inherit ! important; font-size: inherit ! important; font-weight: inherit ! important; position: relative;">Volvo</span></span> Auto India today launched a premium <span style="color: rgb(237, 0, 140) ! important; font-family: inherit ! important; font-size: inherit ! important; font-weight: inherit ! important; position: static;"><span class="kLink" style="background-color: transparent; border-bottom: 1px solid rgb(237, 0, 140); color: rgb(237, 0, 140) ! important; font-family: inherit ! important; font-size: inherit ! important; font-weight: inherit ! important; position: relative;">sedan</span></span> 'Volvo S60', at a price of Rs 27 lakh (ex-showroom Delhi and Mumbai).</span></span><br /> <span id="interior-depth"><span width="400"><br /> Speaking at the launch function in Mumbai, Volvo Cars Malaysia President Goran Larsson said, ''I am extremely delighted to be present here today for the launch of our latest premium sedan offering for the Indian market. This comes at the back of the global launch of the S60 as recent as in Q3, 2010.'' Volvo Auto India Managing Director Paul de Voijs said safety, scandinavian design and environmental consideration are all part and parcel of the Volvo brand.<br /> <br /> With the all-new Volvo S60, a new dimension is now being revealed --The Naughty Volvo.<br /> <br /> ''The aim is for driving pleasure, world-class design and innovative safety to attract more customers to the Volvo brand,'' the managing director said.<br /> <br /> Volvo S60 will offer unique features such as world's first 'pedestrian detection' with full auto brake, advanced control with torque vectoring, adaptive cruise control, and laser assisted automatic braking.<br /> <br /> The car will be retailed through the company's dealerships across the country starting next month.<br /> <br /> Volvo Auto currently markets its products through its dealerships in New Delhi, Mumbai, Chandigarh, Coimbatore, Hyderabad, Kochi and Pune with Ahmedabad and Jaipur in the pipeline.<br /> <br /> At present, the company sells its four premium models in India --luxury SUVs Volvo XC90 and XC60 and luxury sedan Volvo S80 and Volvo S60. </span></span></i></b></div>

Volvo Auto launches 'S60' at Rs 27 lakh

The sedan will be available in both petrol and diesel variants --T6 AWD Petrol with 304 hp and 440 Nm and D5 Diesel with 205 hp and 420 Nm...

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