Luxury carmaker Volvo Auto India on Friday began deliveries of the next generation S60 sedan and XC60 sports utility vehicle in Hyderabad.
The Indian unit of the Sweden-based automobile giant hopes to bring down the waiting period for the V40 Cross Country car launched earlier this year.
Tomas Ernberg, Managing Director, said: “Volvo is working on bringing down the delivery period for the V40 Cross Country, which has been a hit across the globe and in India since its launch. This new offering has become a segment leader in several markets and we hope it will be able to do so in India.”
He opened a new Volvo Retail Experience concept store in India.
Volvo India expressed it would be able to increase its market share in India. “We expect to touch a sales volume of about 20,000 cars by 2020 garnering a market share of about 15 per cent. We expect to cross the 1,000-car mark this year,” he said.
He said S60 and XC60 are the best-selling models in India.
The new generation cars, priced at Rs 31 lakh and Rs 42.5 lakh, respectively, ex-showroom, are being offered with modern diesel engines.
The dealership of Talwar Cars is in the process of opening up another showroom in Visakhapatnam shortly and a new service centre.
Close to about 25-30 per cent of the Volvo cars sold in India are from Andhra Pradesh, said Saket Talwar of Talwar Cars.