Sweden-based bus manufacturer Volvo has opted for Bangalore for setting up its proposed bus body-building unit instead of Andhra Pradesh, which had offered the company sops for setting up the unit in Chittoor district.
Europe's top-end car maker Volvo is planning an onslaught on the Indian market on the back of Ford India Ltd. Ford India's parent, the US-based Ford Motor, owns Volvo's car business.
Volvo SX80, a luxury sedan car and Volvo XC90, a SUV, will be available in the Indian market with a starting price of Rs 3,800,000 ($ 93,160) for petrol variant and Rs 4,500,000 ($110,321) for the diesel variant.
The move could be aimed at increasing penetration in emerging markets.
Volvo would make India, along with China, the Asian sourcing hub in the bus manufacturing segment for domestic and global markets, a top company executive said on Monday.
The company sold about 1,000 trucks last year in special segments like mining, registering a growth of about 20-25 per cent.
Swedish bus and truck maker Volvo said on Thursday that it would synergise operations in India by bringing a number of units like exports, IT and component outsourcing, construction equipment, and diesel manufacturing under one entity.
Swedish auto major Volvo on Wednesday said it has shipped 150 heavy duty trucks, built at its India plant, to Korea in the last six months.
Volvo on Tuesday inaugurated its new technology centre at Bagmane Park in Bangalore. The technology centre will support Volvo group activities in the areas of IT and truck product development.
Commercial vehicle maker Volvo India on Thursday unveiled a revamped version of its luxury inter-city bus to capitalise on the growing traffic.
The Indian ace defends his US $600,000 Volvo Masters of Asia title this week at Thai Country Club.
Can Volvo take advantage of the festive season with the launch of its refreshed cars that rival Audi A4 and Q3?
Lieutenant Commanders Dilna K and Roopa A will remain at sea for 8 months. They will rely on wind power, do the repairs on the boat themselves and navigate some the world's most treacherous waters.
The company announced on Monday the opening of its flagship dealership, spread over an area of 6,000 sq mt, in New Delhi. The New Delhi dealership would be followed by opening of Chandigarh and Mumbai dealerships, the company said.
VBT is opening its new manufacturing facility, costing Rs 80 crore, through a joint venture with Azad group at Hoskote near Bangalore on Thursday. Initially, VBT will produce 450 buses and by 2010 the unit will reach its full capacity of 1,000 buses, he said.
Volvo S60 is all set to re-define the driving dynamics for the discerning car buyers.
According to the plan, Volvo will buy used tippers, which are used in mining and construction, from its customers at an agreed price and refurbish them internally and externally, before reselling them to a new buyer with a six-month warranty.
Luxury car major Volvo would launch its new car in Indian market by the end of March 2013, a top company official has said.
State transport undertakings are warming up to the multinationals despite premium pricing
The workers of the two-year-old bus plant are demanding confirmation of temporary employees and reinstatement of those who were suspended in April this year, in addition to wage hike.
He won USD 840,855, the biggest cheque won by an Indian in an individual sport.
It is powered by the T8 Petrol-Electric Hybrid system
Swedish brand has a 74 per cent share in the luxury bus segment, but competition is picking up speed.
The Indian ace carded a three-under 68 to open up a one-shot lead at the end of the third round.
Volvo on Friday launched its new generation tractors and tippers, which have several improvements in the areas of safety, haulage economy, fuel consumption, and are environment friendly and Euro III compliant.
Volvo India, Indian subsidiary of Swedish automobile giant AB Volvo, would aim at double-digit growth for its Indian operations, a company official said.
Volvo Bus Corporation, the Swedish major, has stitched grand plans for its Indian operations. It is looking at developing the country as its fourth global hub - the others are Poland, Mexico and China - for product development, bus manufacturing, sourcing of components, sales and exports.
Volvo India aims to sell 25 per cent more buses this year as demand for its luxury vehicles grows in one of the world's biggest bus market due to easy finance, rising incomes and rapid development of highways.
Once behind the wheel, the Volvo drives and feels like any other car, except that it now features another safety innovation, the City Safety System that automatically applies brakes on the car in case there is a lapse in concentration on the driver's part. This is particularly true in city traffic conditions where low speed mishaps are common. Volvo claims it helps lower the possibility of injuries to the occupants of the XC60
India's rising star Shiv Kapur will have one last throw of the dice at the season-ending Volvo Masters of Asia next week as he bids to end his year with a victory.
Volvo cars are overshadowed by the big three Germans in India and it's time that the Swedish manufacturer do something to step up its game.
Is the Volvo S60, the new feature-laden beauty, better than the Mercedes-Benz Edition C?
India's Arjun Atwal carded a 76 and is seven over for the tournament.
The Merrut-based golfer fired an opening round \n\nfive-under 67 to place behind South African Craig Kamps by a solitary point.\n\n\n\n\n\n
Volvo Cars is currently owned by US car major Ford, which is seeking to sell off the brand and Geely Auto, has emerged as a preferred buyer.
Swedish automobile major Volvo would be launching its cars in the country in the middle of 2007, Swedish Deputy Prime Minister Maud Olofsson said.
The Volvo C70 is the second generation convertible of C70 from the company, with a three-piece retractable hard-top that transforms the vehicle from coupe to convertible at the touch of a button.
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