Volvo India, completely owned subsidiary of Swedish automobile manufacturer, Volvo, has announced that they will be launching their premium hatchback, V40 in India by March 2013. Volvo V40 was first unveiled at the 2012 Geneva Motor Show earlier this year. In India V40 will arrive by March 2013 with a price tag of approximately INR 25 lakhs.
At the time of unveiling V40, Stefan Jacoby, President and CEO, Volvo Car Corp., said, “The all-new V40 is the first new model that is fully developed according to our human-centric, Designed Around You strategy. Charged with an outstanding set of high-tech features it definitely will give our toughest competitors a headache.”
In India, Volvo V40 will compete with the Mercedes Benz A Class and B Class, and BMW 1 Series hatchback. Volvo India MD, Tomas Ernburg told PTI earlier this Friday that India is a very big market. “Volvo India wants to be No.1 in India in the luxury segment and aims to capture 15% market share by 2020 and would sell 20,000 cars then. It would gradually increase to 30,000 in 2025,” he said.
Tomas revealed these details in Coimbatore, where he was present to open one of the Volvo showrooms in the country. Other cities that have Volvo showrooms include, Chnadigarh, Chennai, Delhi, Hyderabad, Kochi, Mumbai and Pune.
Volvo India had a market share of just 1% last year in the premium segment, which according to Tomas will increase to 3% this year. Global production will also be ramped as they are planning to increase their output from present 400,000 to 800,000.
Volvo will increase their production sites to 43 by 2020, from current 12 by 2020 in order to capture the luxury car market by 2020. Volvo would commence operations at their plant in China next year and plans of building a plant in India are gaining momentum.
Volvo cars are considered as the safest. They build cars focusing on the fact that in case of any kind of accident, the passengers and drivers inside the Volvo do not suffer with their life. For more information, scroll down.
Photo Gallery (1 images)
Volvo V40 ad – It’s You[youtube]http://www.youtube.com/watch?v=1ctLSB-R2T0[/youtube]
Volvo Car Corporation presents the all-new Volvo V40:
Scandinavian luxury look and feel with class-leading safety and driving dynamics
Volvo Car Corporation will reveal the all-new Volvo V40 at a press conference at the 2012 Geneva Motor Show on March 6.
The all-new V40 is ready to overtake the competition in the Premium Hatchback class with sharpened features and characteristics from larger Volvos wrapped in a sleek, compact package.
“The all-new V40 is the first new model that is fully developed according to our human-centric, Designed Around You strategy. Charged with an outstanding set of high-tech features it definitely will give our toughest competitors a headache,” says Stefan Jacoby, President and CEO of Volvo Car Corporation.
The all-new Volvo V40 is a modern, expressive car with a Scandinavian luxury look and feel, a high-quality aura and meticulous attention to detail. The new, fully graphic instrument cluster with personalised layout and information enhances the intuitive and uncomplicated driver experience.
“Thanks to input from customers all over the world our most compact V-range model features an outstanding blend of design, safety and versatility. The car is loaded with features that buyers of modern luxury cars want,” explains Stefan Jacoby.
Class-leading driving dynamics
The all-new V40 boasts class-leading driving dynamics thanks to focused attention to a number of vital areas. The chassis is designed to offer the agile, connected experience that creates true driving pleasure.
The engine range spans everything from Volvo Car Corporation’s first diesel with CO2 emissions of just 94 g/km to the turbocharged T5 petrol engine with 254 hp and acceleration from 0 to 100 km/h in 6.7 seconds. All engine versions feature start-stop and braking energy regeneration, no matter whether they are fitted with a manual or automatic gearbox.
“The all-new V40 wraps you in a super-comfortable cockpit with outstanding ergonomics and technology that make you feel informed, focused and relaxed. This driver-centric approach is what modern Volvos are all about,” says Stefan Jacoby.
Outstanding safety and support package
The all-new Volvo V40 features a class-leading safety and driver support package, including Volvo Car Corporation’s groundbreaking Pedestrian Detection with Full Auto Brake and several other new features.
Among the new features are a world-first pedestrian airbag, Lane Keeping Aid with haptic auto steering, and an ingenious Park Assist Pilot that makes parallel parking easy.
The City Safety low-speed collision avoidance system has been further developed and it now operates at speeds up to 50 km/h.
“The all-new V40 is the most intelligent and safe Volvo model so far. All its features are designed around the driver, helping him or her stay alert and well informed to avoid collisions and dangerous situations,” says Håkan Abrahamsson, Vehicle Line Director C Cars & V40 Vehicle Programme Manager. He adds:
“With this class-leading safety package, including enhanced focus on pedestrian protection, the all-new V40 aims for a full star rating in the new, sharpened 2012 Euro NCAP safety tests.”
Sales target 90,000 units
Volvo Car Corporation expects to sell 90,000 units per year of the all-new Volvo V40. A massive 85 percent of the total volume will go to European customers.
The car will be revealed at a press conference at the Geneva Motor Show in March 2012. Production of the all-new Volvo V40 starts in May 2012. The car will be built in Volvo Car Corporation’s plant in Ghent, Belgium.
“The all-new V40 makes an instant impression with a dramatic design that stands out from the crowd. And what you see is what you get. The car boasts sharpened features and characteristics from larger Volvos – wrapped in a sleek, compact package. The car also has so many new features that it has an exceptional “density”. It has pretty much everything,” says Håkan Abrahamsson.