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Volvo rolls out new XC40 model at Rs 39.90 lakh, check for bookings

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Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

New Delhi: To groom its market, the Volvo Cars India today launched its latest compact crossover, the XC40, priced at an introductory Rs 3,990,000 ex-showroom, all-India price, in its top-of-the-line R-Design trim initially.

The XC40 boasts a charming, unique yet very familiar Volvo-esque design language, with its striking LED headlamps upfront, large grille, flat bonnet and compact overall dimensions based on the company’s Compact Modular Architecture (CMA) platform.

 

Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

While the front gets a butch look, the side profile gets 18-inch diamond cut alloy wheels, lending the crossover a sportier appeal. The rear end culminates into sharply styled LED tail-lamps, which complete the young and attractive styling on the crossover.

About the inside and interior of the Volvo XC40 sports a contemporary interior layout with a unique black-and- orange combination of the seat upholstery and the floor carpeting, and gets a centrally mounted 12-inch touchscreen infotainment system as seen on its elder siblings, the XC60 and the XC90. The feature list also includes audio from Harmon Kardon and a dual-zone climate control system.

 

Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

 

In terms of safety, the XC40, like all other Volvos, comes loaded to the gills with radar-based safety systems including Volvo’s City Safety, adaptive cruise control, lane departure warning, blind spot identification and 7-airbags. The crossover has received a 5-star rating in the Euro NCAP crash tests.

Local assembly and sourcing strategy: While the company began its local assembly operations in India in October last year, it is right now assembling the flagship XC90 SUV and the S90 sedan at its facility in Bangalore.

 

Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

Volvo is now in the process of bringing its major volumes grosser-the XC60 SUV -into local assembly within Q2 of this fiscal and eventually aims to assemble all models in its portfolio in India in the near future. The XC40 is expected to hit the assembly lines over the next 12 months.

On the localisation front, however, the company still considers it to be very early days at the moment. “Our current focus is on getting all our models to local assembly. Right now, we are working in this area with the XC60,” said Charles Frump, managing director, Volvo Auto India, while speaking to Autocar Professional.

 

Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

Richard Snijders, vice-president, Asia Pacific Region, Volvo Cars, added, “Our localisation strategy will largely depend on our vehicle electrification roadmap for the Indian market. We will not plan local sourcing of components with the current internal combustion engine models.”

 

See feature, price of Volvo recently launched XC40 car along with bookings:

 

While the XC40 has been introduced as a diesel-only offering at the moment with a 2.0-litre four-cylinder diesel motor, which churns out 190bhp of peak power and 400Nm of peak torque, Volvo also offers the crossover in a petrol guise in overseas markets like in Japan.

“The SUV market in India is still more skewed towards diesel. With BS VI emission norms coming in from 2020, we will have to introduce a petrol option sooner or later. With regard hybrids, the current tax structure doesn’t make sense for the customer, and thus for us, to bring a hybrid version of a car to India. The government must relook the taxes, given the levels of pollution in the country”, Snijders added.

 

Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

The world over, Volvo is also paying good heed towards electrification, autonomy as well as ADAS, and the company aims to sell a million electrified vehicles by 2025.

“Instead of the West, Indians are very keen on electric and autonomous vehicles and that is very exciting, as well as surprising to see. I see a lot of interest in this regard and we will eventually come up with such offerings for the Indian market as well,” said Snijders.

 

Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

Undercutting the competition: With an aggressive pricing, Volvo has undercut the competition by a fair margin, beating the Audi Q3 by a substantial Rs 350,000 while still being a CBU offering.

According to Frump, “We wanted to create a little bit of excitement with the introductory price. We want to bring a lot of young customers to be buying the XC40,” said Frump. The company will allocate close to 700 units of the crossover for India this year, and has already received 100 bookings until now. While the premium car market is much robust in the US, China and Japan, the company gauges strong growth in the premium sub-compact SUV space in India too, which has become a 6,000 annual units market.

 

Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

Volvo Auto India, whose overall sales in CY2017 were close to the 3,000 unit mark, aims to reach the 5,000 units landmark by 2020. The XC40 is the one capable of giving it a shot in its arm, and while Volvo’s growth in India stood at around 28 percent in 2017, it expects it to gain further momentum from the XC40. Expansion of the company’s dealer network is also on the cards and the company plans to open a showroom each in Rajkot, Indore, Thiruvananthapuram, Noida and Hubli over the next
five months.

Volvo is doing rather well and sold 571,577 units in 2017, globally. For the first half of 2018, the company has sold 317,639 units, up 14.4 percent over last year. It expects sales to surpass 600,000 units in 2018.

 

Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

    To groom its market, the Volvo Cars India today launched its latest compact crossover, the XC40, priced at an introductory Rs 3,990,000 ex-showroom, all-India price, in its top-of-the-line R-Design trim initially.

  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

    The XC40 boasts a charming, unique yet very familiar Volvo-esque design language, with its striking LED headlamps upfront, large grille, flat bonnet and compact overall dimensions based on the company's Compact Modular Architecture (CMA) platform.

  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

    While the front gets a butch look, the side profile gets 18-inch diamond cut alloy wheels, lending the crossover a sportier appeal. The rear end culminates into sharply styled LED tail-lamps, which complete the young and attractive styling on the crossover.

  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

    About the inside and interior of the Volvo XC40 sports a contemporary interior layout with a unique black-and- orange combination of the seat upholstery and the floor carpeting, and gets a centrally mounted 12-inch touchscreen infotainment system as seen on its elder siblings, the XC60 and the XC90. The feature list also includes audio from Harmon Kardon and a dual-zone climate control system.

  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

    In terms of safety, the XC40, like all other Volvos, comes loaded to the gills with radar-based safety systems including Volvo’s City Safety, adaptive cruise control, lane departure warning, blind spot identification and 7-airbags. The crossover has received a 5-star rating in the Euro NCAP crash tests.

  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

    Local assembly and sourcing strategy: While the company began its local assembly operations in India in October last year, it is right now assembling the flagship XC90 SUV and the S90 sedan at its facility in Bangalore.

  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

    Volvo is now in the process of bringing its major volumes grosser-the XC60 SUV -into local assembly within Q2 of this fiscal and eventually aims to assemble all models in its portfolio in India in the near future. The XC40 is expected to hit the assembly lines over the next 12 months.

  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

    On the localisation front, however, the company still considers it to be very early days at the moment. "Our current focus is on getting all our models to local assembly. Right now, we are working in this area with the XC60," said Charles Frump, managing director, Volvo Auto India, while speaking to Autocar Professional.

  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

    While the XC40 has been introduced as a diesel-only offering at the moment with a 2.0-litre four-cylinder diesel motor, which churns out 190bhp of peak power and 400Nm of peak torque, Volvo also offers the crossover in a petrol guise in overseas markets like in Japan.

  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates
  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates
  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates
  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates
  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates
  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates
  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates
  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates
  • Volvo XC40, Volvo compact crossover, Volvo India, Volvo cars, Volvo car models, Volvo car prices, Automobile news, Car and Bikes news updates

Automobile

Maruti Suzuki going to increase prices of its all car models in January

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Maruti Suzuki, January, Maruti Suzuki going to increase prices, Maruti Suzuki planning to raise prices of various models, Car models of Maruti Suzuki, Automobile news, Car and bike updates

Mumbai: Automobile manufacturer in India, Maruti Suzuki on Wednesday said it would raise prices of various models in January 2019 due to high commodity prices and foreign exchanges rates.

The increase in prices would vary for different models, the company said in a regulatory filing to the BSE.

“Over the past year, the cost of company’s vehicles has been impacted adversely due to increase in commodity prices and foreign exchange rates, etc. Hence, it has become imperative for the Company to pass on some impact of the above additional cost to customers through a price increase across various models in January 2019,” the filing said.

 

Maruti Suzuki, January, Maruti Suzuki going to increase prices, Maruti Suzuki planning to raise prices of various models, Car models of Maruti Suzuki, Automobile news, Car and bike updates

 

Shares of Maruti Suzuki on the BSE settled at Rs 7,559.55 per share, higher by Rs 165.20 or 2.14 per cent from the previous close.

Automobile major Maruti Suzuki India on Saturday reported a decline of 0.7 per cent in its total sales including exports for November.

 

Maruti Suzuki plans to raise prices of various models in January 2019:

 

According to Maruti Suzuki India, a total of 153,539 units were sold last month, compared to 154,600 units’ off-take recorded during the corresponding period of the last financial year.

However, the company’s domestic sales rose 0.5 per cent on a year-on-year basis to 146,018 units in November.

 

Maruti Suzuki, January, Maruti Suzuki going to increase prices, Maruti Suzuki planning to raise prices of various models, Car models of Maruti Suzuki, Automobile news, Car and bike updates

 

Although, the domestic passenger vehicles sales dipped 0.3 per cent to 143,890 units, the company’s sales of light commercial vehicles in the country rose 112.2 per cent to 2,128 units.

On the other hand, exports slumped 19.1 per cent to 7,521 vehicles.

So far, in the financial year 2018-19, the company has sold a total of 12,75,632 units, which is 7.4 per cent higher than 1,187,735 units off-take during the corresponding period of last fiscal.

 

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