Sweden's biggest manufacturer by sales also raised its outlook for truck markets on both sides of the North Atlantic this year and forecast a further strong recovery in industry-wide sales of commercial vehicles in North America in 2018.
Volvo plans to launch the XC60 followed by the compact SUV XC40 in India
With an expected price of Rs 28 lakh, the car will give tough competition to the existing models in the SUV segment
The Road, Transport, Highways and Shipping Minister also asked global players like Volvo and Stena Lines whether they could run automobile and shipping fleet on methanol.
No one was immediately available for comment at Britain's environment ministry which was due to make the announcement, according to the newspaper reports.
The all-new BMW 5 Series will compete against the Mercedes-Benz E-class, Audi A6, Volvo S90 and the Jaguar XF. BMW claims that the 5 Series is the market leader in its segment.
Ranging from Rs 5.5 lakh to Rs 60 lakh these SUVs from Tata Motors and Mahindra & Mahindra at the lower end of the spectrum to Volvo and Land Rover at the premium end will light up the coming financial year.
German commercial vehicle heavyweight Daimler will make new investments while launching 100 products this year to take on the competition of Tata Motors and Ashok Leyland, who control 62 percent of the total domestic CV market.
Tata Motors will offer drivers and passengers a digital driving experience which will allow car owners advanced navigation, predictive maintenance and vehicle centric services, remote monitoring of car features, external mobile experiences and over the air updates.
Flagging off the Palampur-Chandigarh and Palampur- Delhi Volvo bus services from here, Bali said that Himachal Pradesh would soon become the first state in the country to ply electric buses on the Manali-Rohtang route and later these buses would also be introduced in other areas to reduce air pollution.
India-based auto parts manufacturers have done very well in the past decade but a comparatively low productivity is holding India back, according to a World Bank report.
CBDT has suspended recovery of tax from Swedish companies whose disputes are being resolved through the MAP route, a move that will help in mitigating the hardship faced by such firms operating in India.
The ride-hailing company is refusing to obey demands by the state's Department of Motor Vehicles that it immediately stop picking up San Francisco passengers in self-driving cars.
Volvo Group and IISc will collaborate on long-term research collaboration in selected technology areas under a Memorandum of Understanding (MoU), Volvo Group in India said in a statement.
Overdrive team takes the new Volvo S90 and the Audi R8 V10 Spider for a test drives. Here's what they have to say.
The Swedish multinational approached the government for land to set up a base in the state.
"The XC90 T8 Excellence sets industry benchmarks for environment friendly efficiency and emissions...We see a lot of interest from our more affluent customers who prefer to experience responsible luxury," Volvo Auto India MD Tom von Bonsdorff told reporters here.
In an interview with CNBC-TV18, Vinod Aggarwal, CEO - VE Commercial Vehicles, Eicher Motors, talked about freight rates and the margin situation for the industry and the company, respectively.
Dollar revenue may jump 5.75 percent to USD 1,678.5 million during the quarter compared with USD 1,587.2 million in preceding period, supported by external business of Volvo that acquired in February.
India's story is looking good with strong monsoon and fundamentals. Only thing not working for India is the subdued global growth, says Raamdeo Agrawal, Joint MD of Motilal Oswal Financial Services.
Goods & Services Tax (GST) Bill, good monsoon as well as expected growth in agriculture could boost India‘s gross domestic product (GDP), says Samir Arora, Founder & Fund Manager, Helios Capital.
Cities are under constant stress owing to the rapid rate at which they are growing and changing, whereas technological advancements and solutions in ...
Car makers Ford and Volvo along with ride-sharing start-up Uber's rival Lyft rounded out a roster of five founding members of the Self-Driving Coalition for Safer Streets.
The planned experiment, expected to be announced on Thursday, will see local drivers test the cars on public roads in everyday conditions but in limited driving situations such as on express roads and highways, they said.
On the Overdrive this week check the road test of most awaited compact SUV from Maruti Suzuki and also pit it against its rival. Also watch cross over Sedan from Volvo.