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Volvo Aims 25pc Growth In India, Hikes XC90 Prices By Over Rs 2 Lakh

  • Sep 21, 2016
  • 3601 Views

Volvo Auto India is finally gaining momentum as far as its sales are concerned. The company is looking to close the year at a healthy 25pc growth with about 2,000 cars sold. The Swedish carmaker recently launched a plug-in hybrid version of its flagship SUV in India, the XC90 T8 Excellence at Rs 1.25 Cr and had about 50 bookings of the plug-in hybrid version in-hand at launch.


Tom von Bonsdorff, managing director at Volvo Auto India told Gaadi.com at the launch XC90 T8 Excellence, “We are looking at 25-30pc growth this year, with close to 2,000 cars”. He further added that Volvo has already sold about 600 XC90 SUVs in India since launch last year (mid-2015) and will manage to sell a total of 600 XC90s in India this year as well.




[caption id="attachment_105492" align="aligncenter" width="650"]Volvo XC90 Side view Volvo XC90[/caption]

If there is any carmaker who gained from the Delhi-NCR diesel ban, it has to be Volvo, for it was Volvo only who had a diesel SUV in the luxury space that met the norms to be sold under the diesel ban. The XC90 is powered by a sub-2.0-litre diesel engine and it was the only vehicle in its segment eligible for registration in the ban affected capital region. Competitors Mercedes-Benz GLS, BMW X5 and Audi Q7 are all powered by over 2,000cc diesel engines and were banned to be registered in the Delhi-NCR.


Trusted sources in Volvo Auto India tell Gaadi.com that the XC90 Inscription is the top-selling variant in the XC90 range that gets a Momentum variant as well, priced at Rs 70.9 lakh (ex-showroom Delhi). The XC90 Inscription that was previously priced at Rs 80.23 lakh (ex-showroom Delhi) now costs Rs 82.9 lakh (ex-showroom Delhi). Only the Inscription variant of the XC90 receives a price hike.


Besides XC90 and XC90 T8 Excellence, Volvo Auto India sells V40 hatchback, V40 Cross Country, S60 sedan, S60 Cross Country and XC60 SUV in India. The company aims to increase its network in India by adding three more dealerships this year in Lucknow, Jaipur and Pune.
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