The growth was led by Volvo Cars India’s luxury SUV segment and the XC60 compact SUV was the best-selling model after the XC40.
see photosVolvo Car India sold 1,270 units in the January-September 2021 period.
Volvo Car India sold 1,270 units in the January-September 2021 period, registering a growth of 48 per cent in the first three quarters of the year as compared to 856 units sold in the same period last year. This growth was led by the company’s luxury SUV segment and the XC60 became the best-selling model, followed by the compact SUV Volvo XC40. Volvo Car India is also planning to launch a petrol mild-hybrid model this year, which will be followed by the Volvo XC40 recharge electric vehicle (EV) in 2022.
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The Volvo XC40 is the second best-selling model in the company’s line-up.
Jyoti Malhotra, Managing Director, Volvo Car India said, “It is very encouraging to see a growth of 48 per cent in three quarters. Experiencing this when a quarter had to bear the brunt of the raging pandemic, it is the position of the Volvo brand in the Indian luxury mobility market. This reinforces our confidence and steadfast commitment as we work towards bringing in new models. We are keeping a close eye on the semiconductor issue and look forward to a strong 2022.”
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The Volvo XC40 Recharge electric SUV will be launched in India next year.
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The jump in sales is mainly attributed to lower base last year. The entire country was under lockdown for almost two months to prevent the spread of COVID-19 and like other automakers, the Swedish carmaker also recorded zero sales in that period. Even after the resumption of sales operations, auto sales took some time and substantial growth in sales was registered only during the festive period. Sales are expected to pick up again in the last quarter or fourth quarter during the festive period during the months of October and November this year.
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