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How Volvo Cars plan to contribute towards cleaner seas
Posted on 21st May 2018
Volvo Cars, the Swedish luxury car-maker, has announced it will remove single-use plastics from all its offices, canteens and events across the globe by the end of 2019. The decision, the company said, reflects its active support of the UN Environment Clean Seas campaign, and underlines its ambition to minimise its global environmental footprint.

Volvo Car to increase focus on manufacturing in India
Posted on 4th May 2018
STOCKHOLM: Within a year of setting up its plant, Volvo Car India plans to accelerate its manufacturing footprint in the country. The company expects majority of its product portfolio to be locally manufactured in the coming two years as it aims to compete more strongly with German rivals — Mercedes, BMW and Audi.

Volvo S90 Ambience Concept: A three-seat saloon that connects to three senses including smell!
Posted on 23rd April 2018
Volvo Cars has revealed its S90 Ambience Concept which comes with an industry-first sensory experience that synchronises visuals, sound and scent. The S90 Ambience Concept, making its public debut at the Beijing Auto Show in China, is based on Volvo’s top-of-the-line S90 Excellence three-seater executive saloon and focuses on chauffeured passengers in the rear seat.

Volvo Cars plans to assemble two more models in India this year
Posted on 19th April 2018
Swedish automaker Volvo Cars plans to locally assemble two more models -- XC 60 and V 90 Cross Country -- in India to strengthen business in the country.

It currently assembles XC 90 and S 90 models at the Bangalore-based manufacturing plant.


Volvo-Eicher JV rides infrastructure, e-commerce boom
Posted on 23rd February 2018
The facilities of VE Commercial Vehicles (VECV), a joint venture between the Volvo Group and Eicher Motors, are running at near-full capacity, thanks to the strong demand for commercial vehicles due to rising infrastructure activity and delivery of e-commerce shipments by leaders like Flipkart and Amazon. To address this, the company is planning to expand capacity in the coming fiscal.

Volvo Cars’ first ever three-cylinder engine debuts in XC40
Posted on 20th February 2018
Volvo Cars has launched its first ever three-cylinder Drive-E engine in the XC40, which is the smallest SUV on offer from the Swedish brand. The new engine was developed in-house based on the modular design of Volvo's four-cylinder Drive-E engines. The new 1.5-litre, three-cylinder, direct-injection petrol engine with a T3 badge will be paired with a six-speed transmission with an optional eight-speed automatic transmission that will follow next year.

2018 Volvo V60 images leaked: First look at Volvo’s 400 hp hybrid wagon
Posted on 16th February 2018
Volvo’s V60 was scheduled to make its global debut on the 21st of February 2018, but only a few hours after Volvo published the first teaser images for the V60. The internet produced some pretty revealing images of Volvo all new wagon. First published by a website AutoMotoSvijet magazine from Bosnia and Herzegovnia, before promptly coming down. These images seem to indicate the next generation of Volvo’s V60 station wagon. A closer look at the images which shows the car in side profile, shows a V60 that is almost as large as its larger sibling the V90.

Volvo may go for new plant next year
Posted on 27th January 2018
Chennai: With a turnaround in the truck and bus industry, Volvo Eicher Commercial Vehicles (VECV) is looking at a new plant next year if the current peak production trend continues. According to company officials, VECV is currently hitting 7,000 units per month which is its peak capacity. If this demand trend continues, the company will start scouting for a new plant next financial year.

Volvo Group India looks at CAGR of 10 to 15% in next 7-10 years
Posted on 17th January 2018
Completing 20 years of its operations in the country, Volvo Group in India on Wednesday said it is looking at a compound annual growth rate (CAGR) of 10 % to 15 % over the next seven to ten years.

“The last two years have been phenomenal for us; we have grown by 40 % in our top line and also in rofits, which is very good,” Volvo Group India Pvt Ltd President and MD Kamal Bali said.


China's Geely acquires Cevian's 8.2% stake in Swedish truck maker Volvo
Posted on 27th December 2017
Activist investor Cevian Capital has agreed to sell its 8.2 per cent stake in Swedish truck maker AB Volvo to China's Zhejiang Geely Holding Group, Cevian and Geely announced in a joint statement on Wednesday.

They did not disclose the value of the transaction, which makes Geely Volvo's largest owner by capital and the second biggest by voting rights after investment firm Industrivarden.


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