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- 2018 Volvo XC60 Starts at $41,500
- Volvo CEO Says Diesel’s Days are Numbered
- Samuelsson Calls on Car Industry to Go Greener
In an attempt to double its sales in the market, Volvo plans to start production of the XC90 in Hoskote, India.
The XC90s will be built in a plant that Volvo already owns and the SUVs will be built from complete knockdown kits, meaning that they effectively just need to be assembled.
The plant, located near Bangalore, could expand over the coming years, too, but will focus on vehicles based on Volvo’s Scalable Product Architecture, like the S90 and the XC60.
“I am pleased that as of this year we will be able to start selling Volvos that are Made in India,” said CEO Hakan Samuelsson in a release. “Starting vehicle assembly in India is an important step for Volvo Cars as we aim to grow our sales in this fast-growing market and double our market share in the premium segment in coming years,” he said.
India’s premium car market is currently quite small, but it’s expected to grow rapidly over the coming years.
“We are delighted to announce the commencement of an assembly unit,” says Tom von Bonsdorff, Volvo Auto India’s managing director. “It’s a sign of the company’s strong commitment to India.”