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Volvo to introduce S40 in India by 2009
Friday,14th September 2007
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Swedish car maker Volvo is planning to introduce
its S40 sedan in Indian market by 2009. The S40 sedan will be introduced in to the domestic luxury car market that has been growing at 30 per cent. This segment is said to double by the year 2009 due to organic growth, upgrades and improved infrastructure. Volvo forayed into the Indian market with the launch of its S80-sedan and XC90-SUV. Having introduced 10 models in the global market so far, Volvo is also keen on bringing a small sedan S40 to India as part of its strategy for increasing its footprint in this country. |
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