Tuesday, 24 July 2012

Volvo eyes 3rd slot in Indian luxury car market by 2020

NEW DELHI: Swedish carmaker Volvo Car Corporation is revving up plans for India with an aim to become the third largest luxury car maker in the country by 2020, for which it may even consider assembly operations.

The company's Indian arm Volvo Auto India will also be launching products at the entry level points of the luxury car segment apart from expanding its dealer network in order to increase volumes.

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