Swedish luxury car maker Volvo Car India today announced that it has recorded a 52% growth in its retail sales at 713 units in the first six months of 2021. The company had sold 469 cars during the same period last year.
Volvo’s dynamic mid-size luxury SUV XC60 contributed the most being the highest selling model in H1 2021. The company is confident and positive about a much stronger growth in the remaining part of the year as it has already announced the launch of its first full-electric SUV ‘XC40 Recharge’ in India later this year. Volvo car India will also introduce the petrol variants of its premium sedan S90 and mid-size SUV XC60 in H2 2021.
Mr. Jyoti Malhotra, Managing Director, Volvo Car India said “A 52% growth in the high-end luxury mobility during a highly depressed consumer sentiment phase and major covid restrictions in the marketplace shows the confidence that the Indian consumer has in Brand Volvo. Despite uncertain conditions, it has been a good first half for the company giving us a strong base as we move forward in the year and bring new products to our consumers.”