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Volvo to have India-assembled hybrid SUV by 2019-end
Posted on 14th February 2019
Swedish luxury car maker Volvo Cars India will roll out its first locally-assembled plug-in hybrid XC90 by the end of 2019. This will be an SUV (sports utility vehicle) and will compete with the BMW X6 35i M Sport and the Mercedes-AMG GLE 43 4Matic.

Charles Frump, managing director, Volvo Car India, said on Wednesday the plug-in hybrid car will cost around 8% more than the diesel inscription car.

“If our diesel car is priced at Rs 89 lakh (ex-showroom), the plug-in hybrid will cost Rs 96 lakh,” Frump said.

The hybrid car will be locally assembled and the company will provide charging stations at no additional cost. “We will be providing charging stations at the customer’s house and workplace which will be included in the cost of the car. That will make it convenient for the customer,” the MD said.

Frump said that FY18 had been a tough year for the luxury automotive market. “But we launched new cars XC60, XC40, and it’s important to launch products and have effective dealerships,” he said.

The company opened a second showroom in Mumbai on Wednesday under the ownership of KIFS motors. In all, Volvo cars has 25 showrooms across India including those in Ahmedabad, Bengaluru, Coimbatore, Delhi and Lucknow.

Related Companies: Volvo India   

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Air India pilot grounded for three months after failing alcohol test
Posted on 15th July 2019
New Delhi: An Air India pilot has been grounded for three months after he tested positive in a pre-flight breath analyser (BA) test here on Saturday.

The pilot wanted to fly as a passenger from Delhi to Bengaluru. Since the flight was full, he requested to fly in the cockpit as an additional crew member.


Amazon’s $700 million training pledge is actually a bargain
Posted on 15th July 2019
New York: Amazon.com Inc. is amazing at turning mundane corporate management decisions into global news events.

Many retailers host annual sale events. But Amazon “celebrates" Prime Day. Many chief executives write notes to their shareholders. But Jeff Bezos pens annual letters with “lessons" and “principle themes" and “important words" to behold. Many companies open satellite offices.


Suzuki’s next electric vehicle in India could be based on Ertiga
Posted on 15th July 2019
NEW DELHI: Suzuki Motor Corp. plans to tap the popular multipurpose vehicle Ertiga to build its second electric vehicle for India, said two people directly aware of the development, as global automakers accelerate efforts to sell more eco-friendly vehicles in a country that is home to some of the world’s most polluted cities.

NZ vs ENG: Cricket World Cup 2019 | Kiwi fans on the outer for thrilling cricket finale
Posted on 15th July 2019
New Zealand cricket fans watched the Black Caps succumb to England in a nerve-shredding Cricket World Cup final Monday, but the country's sports bars were closed as the match reached its climax.

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Amazon, Flipkart not on Mukesh Ambani’s radar; Reliance Jio readies platform to wire kirana stores
Posted on 15th July 2019
Reliance Jio, which has plans to foray into e-commerce, will not be taking on the likes of Flipkart and Amazon, at least initially. Instead, the company’s first project on which pilots have started is to build a B2B platform targeted at merchants who run grocery, fruits and vegetable stores in the neighbourhood markets. The company has termed it ‘Hybrid Online-to-Offline’ platform. At a later stage, this B2B platform would be connected to the MyJio app and thus provide the B2C interface also.

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