The company had sold 320 units in 2011 here, the Indian subsidiary of the auto maker said in a statement.
After creating a niche in the inter-city bus mart, luxury bus maker Volvo is now targeting the city-bus segment, bagging the first order in Bangalore.
When launched later this year, the Volvo will lock horns with the BMW 5-series, Mercedes-Benz E-Class, Jaguar XF and the Audi A6
The third Cross Country model for India, the V90 Cross Country is based on the S90 sedan and promises to offer the best of two different worlds - sedan (S90) and SUV (XC90).
Expect a new compact SUV from their stable called EcoSport later this year.
The company is close to buying 1-million square foot office space for Rs 700 crore in Bengaluru.
Infosys will provide applications to support multiple operations, including marketing and sales, customer service, manufacturing, product development and corporate functions.
Volvo will hold discussions with its parent company to start assembly operations in India by the end of this year.
The company had last year said that it would begin selling its XC90 and S80 models in India by the end of 2006 or early 2007.
Two bogeys on the last four holes cost Arjun Singh his first Asian PGA \n\ntitle, as he finished second in the season-ending Volvo Masters of Asia
Volvo joins the band of affordable entry level luxury cars.
The company shall hike prices of its various models at least by 5 per cent or so in India from January next year, in the wake of rupee devaluation, inflation, and rising cost of imports, a company official said.
The approval to bring in the FDI is subject to compliance with RBI and SEBI guidelines, besides subjected to approval of the relevant high courts for the demerger of distribution business of Volvo India. The finance ministry had already approved the FDI proposal of Volvo to invest $30 million (Rs 123 crore) for induction of foreign equity up to 8.1 per cent by way of acquisition of shares in EML.
Tata Motors will launch Divo, a luxury AC coach meant for intercity long-distance operations, in the first quarter of the next financial year.
Nearly one in two luxury cars sold in India in the first three months of 2024 was a Mercedes Benz, which achieved its best ever quarter (January-March), selling 5,412 units, up 15 per cent year-on-year (Y-o-Y) from 4,697 units in the previous year.
Kicking off the India plan, the company announced on Monday appointment of three dealers in Delhi, Mumbai and Chandigarh.
For India, the S80 comes with three engine options a 2400cc turbocharged five-cylinder diesel, a 3200cc inline-6 petrol and the monstrous 4400cc petrol V8. The XC90 will have the same engine options as well.
Swedish car maker Volvo Car Corporation expects to sell 10,000 cars in India by the year 2010 and also plans to introduce S40 -- a small sedan in the domestic market in 2009.
Shiv Kapur finished two shots clear of compatriot Jyoti Randhawa at the Volvo Masters in Bangkok.
Swedish automobile manufacturer Volvo's all-new S60 compact sedan equipped with the ground-breaking technology to avoid hitting wayward pedestrians will be sold in Australia from 2010.
To establish itself as a top luxury player, Volvo plans to launch V40 in India by April.
The driver of the ill-fated Hyderabad-bound Volvo bus was overstressed and there were fire crackers inside the vehicle, according to findings of an investigation that probed two recent road mishaps in which 52 persons were killed.
The Volvo S60 Cross Country is a very capable car that can be handled across all weather and terrain conditions, says P Tharyan.
On the company's performance after entering the Indian market last year, he said the car maker has so far sold 100 units. The company right now delivers cars to customers as completely built units from its headquarters in Sweden.
Swedish carmaker Volvo Car Corporation is revving up plans for India with an aim to become the third largest luxury car maker in the country by 2020, for which it may even consider assembly operations.
In a tragic incident, 45 passengers were burnt alive early Wednesday morning after the luxury bus they were travelling in met with an accident near Palem village in Kothakota Mandla of Mehbubnagar district.
The United States' Ted Purdy leads the field with an aggregate of 14-under 128.
After the high of winning the Nippon Series JT Cup, Jeev Milkha Singh hit a low this week at the Volvo Masters. The Chandigarh golfer returned a card of four-over 76 in the opening round and was placed tied-65, even as compatriot Gaurav Ghei emerged the best Indian in the season-ending Asian Tour event in Bangkok on Thursday.
While auto sales in the US have plunged, vehicle sale in China has more than doubled since 2005, rising near 13 million units this year.
At the core of the new joint venture is an attack on Tata Motors, which dominates the commercial vehicle sector in the world's fourth-largest market for heavy trucks.
The company would also consider setting up an assembly facility in the country as soon as Volvo Car India, the Indian subsidiary of the Ford Group company, starts selling at least 2,000 units a year. Volvo Car India, which sells its vehicles as completely-built-unit in New Delhi, would bring in the S60 from its parent facility in Belgium.
After two successive 66s, it was a bleak day for Jeev Milkha Singh as he managed just two birdies against one bogey for a one-under 71 and slipped to tied ninth at the Volvo China Open in Chengdu on Saturday.
New Airavat Volvo air-conditioned buses have been introduced between Mumbai and Bangalore.
Volvo will have two new launches -- fresh models of sedan S60 and SUV XC60 -- in October to rev up sales.
It perfectly blends the personality of a brawny sports utility vehicle with elegance of a sedan.
The demand for buses largely remained robust in 2023, driven by the increasing need for public mobility and replacement. Ashok Leyland Limited (ALL) recorded a 64 per cent year-on-year increase in sales of medium and heavy commercial vehicle (MHCV) buses during the April-to-December period of 2023 to 11,216 units. Volvo Eicher Commercial Vehicles (VECV) posted 24.7 per cent sales growth between April and December for light and medium-duty buses, and 36.9 per cent growth for heavy-duty buses.
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