Volvo Car India Registers 27% Growth in 2021

Hyderabad / New Delhi: Swedish luxury carmaker Volvo Car India recorded a 27% growth compared to the last year and witnessed a healthy sales figure of 1,724 units as compared to 1,361 cars of the previous year.  This growth was led by the company's luxury SUV portfolio with the company’s mid-sized SUV the XC60 emerging as the bestselling model followed by the compact SUV XC40.

In 2021, the company transitioned to an all-petrol portfolio by introducing the petrol mild-hybrid versions of the S90, XC60, and XC90 petrol Mild-Hybrid Cars. Luxury sedan S60 and compact luxury SUV XC40 were already launched in petrol versions earlier.

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Jyoti Malhotra, Managing Director, Volvo Car India, said “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. We are confident that this year our all petrol portfolio will further boost our growth trajectory. 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 to keep our commitment to our customers of offering a new electric car model every year from now on”.

Luxury SUVs, XC40, XC60, XC90, and sedans S60, S90 are among the models sold by Volvo Car India in 2021.