Experience the Luxury of Volvo Premium Cars Soon In India

By SiliconIndia   |   Thursday, 26 May 2016, 06:40 Hrs
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BENGALURU: One of the giants in car manufacturing, Volvo Car Corp, is all set to launch luxury cars in Indian market. Volvo Car Corp is going to launch the compact model cars in the next fiscal year for its Indian customers. The cars will be produced in Ghent, Belgium in 2017 and will be available in India within six to eight months of global deliveries; source, Sharmistha Mukherjee, Economictimes.indiatimes.com.



The new premium cars from Volvo are believed to be competing with premium cars such as BMW X1, Audi Q3, Audi A3, and Mercedes-Benz GLA. The company segments the premium car market for young urban generation. Volvo confirmed that initially SUVs will hit the roads of India with codenamed as Concept 40.1 and sedan code named as Concept 40.2 will also be launched along with the SUVs. Volvo last week demonstrated around 40 compact premium cars at its headquarters in Gothenburg, Sweden.



“Entry SUVs are extremely important for a market like India. We are seeing a lot of growth coming in from the segment in BRIC (Brazil, Russia, India, and China) countries. Also, in the Americas, the trend has become apparent” said Peter Mertens, Senior Vice-President, Research and Development, Volvo.



The new Volvo cars will be equipped with new energy alternatives for all cars developed using ‘Common Module Architecture (CMA)’ platform. Apart from sedan and SUVs, Volvo is also going to develop and launch hatchback under 40 concept cars series. “The platform has been developed ground up for electrification. We can develop plug-in hybrids as well as full electric vehicles with a range of 350 km on it.” said Hakan Samuelsson, Chief Executive, Volvo.



The Swedish car giant is set to launch hybrid version of SUV XC90 in coming few months. “Globally, theT8 (hybrid version), accounts for around 20% of XC90 sales. In markets like India and China, infrastructural constraints as far as charging these vehicles are concerned is a challenge” added Mertens. 



Read Also: Mercedes GLC India Unleashes the GLC SUV Beast
Audi Launches Its Most Powerful Car In India



 



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