On this Thursday, Volvo car India, the luxury car maker said that it has cut the prices of its flagship sports utility vehicle XC90 by Rs 4 lakh to boost sales amidst the current economic downturn.  

The Volvo XC90 D5 will be priced at Rs 42.5 lakh, Volvo the XC90 32 will be available for Rs 43.5 lakh and XC90 V8 for Rs 49.5 lakh. 

Volvo Car India said in a statement, “In lieu with current economic scenario and to provide luxury at right price, the prices for the flagship model Volvo XC90 SUV has been reduced by 7-8.5 per cent with effect from July 9”. 

The new dealership at Chennai and Pune was announced by Volvo making the total number seven dealership in India.

Paul de Voijs, MD Volvo Car India told, “The expansion of our dealer network signals the importance of the Indian market to Volvo Cars. We believe that India holds tremendous potential for our brand and want to make sure that we fully capitalise on the opportunities available...” 

Hindustan Motors, Ford India, Honda Siel Cars India and Hyundai Motor India are also not left behind they too have announced the price reduction of Rs 6,000 on some of their models on the basis of the additional excise duty reduction announced in the Budget on 6^th July 2009 by FM Pranab Mukherjee. 

Best Selling Volvo Car Models:
Volvo S80 D5(185 PS) (Diesel)
Volvo S80 3.2 (Petrol)
Volvo S80 V8 AWD (Petrol)
Volvo XC90 D5 AWD (Diesel)
Volvo XC90 3.2 AWD (Petrol)

Related News:
Volvo XC60 R-Design: new engine and sporty option
Volvo Cars presents new generations DRIVe-concept models
Vattenfall & Volvo to introduce plug-in hybrids technology in 2012
Volvo S60 Concept awarded 'Most beautiful concept car'

Related Books:
Volvo 1970-89
Volvo 1800 Ultimate Portfolio
Volvo Penta Stern Drives

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Posted by Naresh Koshti on 11 July, 2009 10:55:18 AM IST #