Saturday, September 8, 2007

Volvo Starts India Operations

Swedish carmaker Volvo, part of the Ford family is finally here. The company has kicked off its operations in India with two models-the S80 sedan and the XC90 SUV. Volvo will begin with three dealers this year and follow up with another eight or nine in 2008. The business is based on importing completely built units, but the idea of using Ford''s Chennai plant is definitely still on the cards. Volvo joins the slew of high-end carmakers keen to cash in on the big growth that luxury cars are seeing in India, but it has plans to bring in its smaller models only post 2008.

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