Volvo has announced that they sold 2638 units in India in 2018 witnessing a growth of 30%. The company assembles the XC60, XC90 and S90 locally in India while the XC40 is sold as a Completely Built Unit (CBU). As per Volvo, models built on the SPA and CMA platforms- the XC60, XC40, XC90 and the S90 have gained momentum in the Indian market.
In 2018,the company also opened a new component warehouse in Mumbai.
Speaking on the sales performance, Charles Frump, Managing Director, Volvo Car India said,”2018 has been a fantastic year for Volvo Car India as we ended the year with yet another record sales. Volvo is on a roll here and I am very positive about the performance of our brand in this market. I would like to take this opportunity to thank our customers, dealer partners and my entire team that made 2018 a grand success. I am confident that 2019 will be a great year for Volvo Car India when we will turn our focus on company and dealer profitability.”