V40 Cross Country imports to expand auto maker’s India lineup.
MUMBAI – Volvo India sold 820 cars here in 2012, but the Swedish auto maker’s subsidiary is setting its goal considerably higher than that. “We aim to sell 20,000 cars by 2020,” Managing Director Tomas Emberg says. That would be roughly a 13% share of the country’s luxury-car market, which is expected to reach 150,000 deliveries that year. Volvo’s India sales target for 2013 is 1,200 units. Volvo’s cars are imported into India completely ...
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