The Volvo Car Corporation is out to expand their market. And they have decided on introducing and bringing their cars to India. They would be having the start of sales of their vehicles come the last quarter of this year.
Volvo Cars India would be having its main office based in Delhi. Of course, they would do need to introduce their products and vehicles in the market first and Volvo has decided to bring out the luxury car Volvo S80 and the crossover sport utility vehicle Volvo XC90 first in the market. As the vehicles get product recall, the company is planning on bringing more cars to the Indian automobile market.
President and chief executive officer of Volvo Cars is Fredrik Arp and he says, It is an important step for Volvo Cars to establish a presence on this market at a time when India is showing considerable growth in the passenger car market. Moreover, we believe that the timing is right in comparison with our closest competitors.
With India having a good growth in its economy plus a low rate of inflation, the company believes that it would indeed be a good starting ground for bringing Volvo cars to the Indian market. Volvo is expecting to see...
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