The company sold about 1,000 trucks last year in special segments like mining, registering a growth of about 20-25 per cent.
Volvo has appointed Eric Leblanc as the new managing director to succeed Ulf Nordqvist, in Volvo, India.
While customers in metro cities are still buying cars, quick growth is likely only from upcountry markets, where highways and roads are being built, and discretionary income and aspirations are rising.
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