Volvo target 10,000 by 2010
Swedish car maker Volvo Car Corporation expects to sell 10,000 cars in India by the year 2010 and also plans to introduce S40, a small sedan in the domestic market in 2009.
“There is a possibility that we will be able to sell 10,000 units of our cars in the Indian market in view of the growth being witnessed by luxury and premium car segments in the country,” Volvo Car Corporation President (Overseas Operation) Peter Cornelis said.
Volvo, which forayed into Indian market with the launch of its S80-sedan and XC90-SUV, observed that the domestic luxury car market that has been growing at 30 per cent would double by the year 2009 due to organic growth, upgrades and improved infrastructure.
PTI
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