Volvo Car Corporation. For commercial vehicles otherwise known as the Volvo Group, see Volvo. FY 2014-following a growth of per cent over the last year. Swedish multinational manufacturing company headquartered in Gothenburg. While its core activity is the production, distribution and sale of trucks, buses and construction equipment, Volvo also supplies marine and industrial drive systems and financial services.
Indian pecking order, sold 11units. Local arms of Mercedes AG and BMW AG sold 12and 8units, respectively, according to the annual sales numbers released by these companies.
Volvo Cars, the free encyclopedia
Volvo to Zhejiang Geely brings to an end an extensive programme of sales by Ford that has seen it dispose of some of the best-known luxury brands in the world.India’s biggest carmaker Tata bought the iconic Jaguar and Land Rover brands from Ford in 20in a deal worth £1.
When contacte Volvo Auto India (VAI) spokesperson declined to comment. MM Executive Director Pawan Goenka also declined to comment.Volvo group has been one of the leading truck manufacturers in the world for the past decade along with Isuzu and Daimler. This Swedish manufacturer is globally famous for their medium-sized trucks for local transportation and cargo hauling, heavy duty trucks for long distance hauling as well as construction work segment. Swedish luxury carmaker, has been contemplating assembling its cars in India for some time now, as it explores the prospects of setting up facilities across the globe.
Now word has it that the company will take a decision this year.
Automotive industry in India, the free encyclopedia
Chinese-owned Swedish car manufacturer Volvo is looking at an agressive growth strategy in India. The company has now joined other car manufacturers like Audi, BMW, Mercedes-Benz and Tata owned Jaguar Land Rover in the persuit of having a bigger piece of the Indian luxury car market pie.
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