Volvo Small Car In India 2012

Volvo is planning to launch new small car, Volvo V40 in Geneva Motor Show next month. Tomas Ernberg, Managing Director, Volvo Auto India said that there will be two launch globally, one small car would be launched in india. Small car is necessary to get volumes in India.

Volvo to launch small car in India

Volvo V40 is expected to be priced at 20-22 lakh in india. It would be available in both petrol and diesel variants. For diesel it would get 2-litre diesel The five-cylinder 2-litre turbodiesel engine. 2.4 litre diesel might also be available. There would be 1.5, 2 and 2.5 litre petrol variants available. Volvo currently have 3 models in india, S60 [price starting from 24 lakh], S80 [price starting from 32 lakh] and XC60 [price starting from 34 lakh].

Volvo to launch small car in India

However, share of Volvo in Indian luxury cars is very low. Volvo is expecting 15 percent share in this year, launching cars in this range will help them gaining market share.

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