labels: Automotive, Cars, News reports (automotive)
Volvo India to launch 6 new cars in India news
28 March 2008

Chennai: Volvo Car India will launch six new models in the Indian market, which will be introduced in phases. The company would hold talks with 80 eligible candidates interested in Volvo dealerships across eight cities in the country.

Paul de Voijs, the managing director of Volvo Car India said that the models to be launched include the V50 and V70 station wagons, the 3-door coupe C30 , XC60, XC70 and the C70 (2-door coupe convertible). Of these XC60 and C70 are likely to be launched soon.

Volvo, which has three dealerships in Chandigarh, Delhi and Mumbai,  is planning to open up more showrooms in the country by looking for dealerships in cities such as Ahmedabad, Bangalore, Chennai, Jaipur, Hyderabad, Kochi, Kolkata and Jaipur, he added.

A new dealership would cost around Rs80 lakh ($200,000), including a state-of-the -art showroom and service centre apart from cost of land and infrastructure expenses.

With rising real estate prices, Volvo would prefer dealership owners to have their own land, ideally in prime laocations.

In 2007 the company booked orders for 100 cars to be sold in India. The two models available for sale -  the S80 luxury sedan and the Volvo XC90 Sports Utility Vehicle will be offered with three different engine alternatives such as the 4.4 litre petrol V8, the 3.2 litre petrol in-line six-cylinder and the 2.4 litre turbocharged diesel in-line five-cylinder, the D5

The company expects to sell 500 cars in the current year.

By 2009, Volvo would have14 dealerships, across the country, the company stated.

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Volvo India to launch 6 new cars in India