November 22, 2024 12:42 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi bestowed Dominica's highest award at India-CARICOM Summit | 69-year-old Delhi man, a St. Stephen's alumnus, arrested for conning govt officers by posing as ex-IPS | 'Baseless': Adani Group denies US charges of bribery and fraud against Gautam Adani | AAP's first list of candidates for Delhi polls feature six turncoats | PM Modi is incapable to arrest Gautam Adani: Rahul Gandhi after tycoon charged with bribery and fraud in the US
Volvo Car India registers 48 percent growth in first three quarters of 2021
Volvo India
Image: Wallpaper Cave

Volvo Car India registers 48 percent growth in first three quarters of 2021

| @indiablooms | 08 Oct 2021, 08:13 pm

Kolkata: Swedish luxury car maker Volvo Car India recorded a 48 percent growth in its retail sales for the period January to September 2021. 

Volvo sold 1,270 units in the first three quarters as against 856 cars in the same period last year.

This growth was led by the company's luxury SUVs with the company’s mid-sized SUV, the XC60 emerging as the bestselling model followed by the compact SUV XC40.

Jyoti Malhotra, Managing Director, Volvo Car India, said “Witnessing a 48 percent growth in three quarters is very encouraging. Experiencing this when one quarter faced the brunt of the raging pandemic is a reflection of Volvo Brand’s standing in the Indian luxury mobility market. This strengthens our confidence and resolute commitment as we work towards bringing in newer models. We are keeping a close eye on the semiconductor issue and looking forward to a robust 2022.”

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.