The Swedish auto company, Volvo, registered a sales growth of 240 percent in the month of January 2013. The company that produces majestic cars sold 75 units of vehicles during the month. These figures are over two-folds higher when compared to sales during same month of previous year. The marque sold 26 cars in January 2012. Volvo S60 the luxurious saloon and Volvo XC60 the compact SUV stood on the forefront in this achievement of the automaker.
Speaking about the achievement, Mr. Tomas Ernberg, Managing Director, Volvo Auto India, said, “We are very happy to have a great start to the New Year. We closed 2012 with almost a 150% annual growth and now a very promising start of 2013 with another record 240% YoY growth in January. We are overwhelmed with the faith our customers and dealer partners have bestowed on us. We would continue with our strategic associations and expansions in the country as we believe that India holds tremendous potential for our brand and want to make sure that we fully capitalize on the opportunities available while providing the best possible services for our customers with the best value at the most competitive prices.”
The auto manufacturer made headlines earlier for the sales growth it had in 2012. Even when the market conditions were unfavourable, the company achieved 150 percent increase in sales in 2012, as compared to the year 2011. The grand brand may bring its luxurious hatchback, Volvo V40, to Indian market this year.