Volvo Car India Reports 27% Jump in Retail Sales in 2021

Published:Nov 22, 202318:31
Volvo Car India Reports 27% Jump in Retail Sales in 2021

New Delhi, January 6: Luxurious automaker Volvo Car India on Thursday mentioned its retail gross sales elevated by 27 per cent to 1,724 items final yr as in contrast with 2020. The Swedish carmaker had bought 1,361 automobiles in 2020. The gross sales progress final yr was led by the corporate's SUV portfolio with the corporate's mid-sized SUV the XC60 rising because the bestselling mannequin adopted by the compact SUV XC40, Volvo Car India mentioned in an announcement. Additionally Learn | IC15, India’s First Cryptocurrency Index, Launched by CryptoWire; Here’s The whole lot You Must Know. "We have registered good numbers in spite of the headwinds the industry faced in 2021 and are hopeful of addressing the supply challenges that resulted because of disruption of global supply chains last year," Volvo Car India Managing Director Jyoti Malhotra mentioned. Additionally Learn | Omicron Unfold: Economists See New COVID-19 Variant Forcing RBI To Delay Coverage Normalisation. The corporate is assured that this yr its all petrol product portfolio will additional increase its progress trajectory," he added. "2022 is also going to be a historic year for the company as we will be launching our first electric car the XC40 Recharge. We intend keeping our commitment to our customers of offering a new electric car model every year from now on," Malhotra acknowledged. In 2021, the corporate transitioned to an all-petrol portfolio by introducing the petrol mild-hybrid variations of the S90, XC60 and XC90 petrol Gentle-Hybrid Cars. Luxurious sedan S60 and compact luxurious SUV XC40 have been already launched in petrol variations earlier. (That is an unedited and auto-generated story from Syndicated News feed, SociallyTrend Employees might not have modified or edited the content material physique)

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