Volvo Group
Volvo is a Swedish based manufacturer of commercial vehicles, which include trucks, cars, buses etc. The company Volvo also provides financial services. In Latin Volvo means, �I roll�. The company of Volvo also produces marine engines.
History of Volvo
The company Volvo was established in the year 1927, and in the same year the company started producing cars. In the year the company gained popularity by producing trucks, which was a great success. In 1999 a part of Volvo Company, Volvo cars were sold to Ford Motors, and then later in 2010, it became a part of China�s Zhejiang Geely Holding group. The company Volvo has stake in many other companies. Since the company has started it has seen many ups and downs in terms of its financial position.
Following is the table showing the ups and downs of the company that Volvo has faced since 2007 till 2011:
| Year | Profit | Loss |
|---|---|---|
| 2007 | 14.93 Billion Dollar | - |
| 2008 | 9.94 Billion Dollar | - |
| 2009 | - | 14.72 Billion Dollar |
| 2010 | 10.87 Billion Dollar | - |
| 2011 | 17.75 Billion Dollar | - |
Volvo car�s Production Plants
Volvo is currently not having any production or assembly plants in India; neither is it planning to have any in near future. Volvo buses India are planning to set up a new manufacturing plant in India, but nothing is finalized yet.
Specifications of Volvo Cars
Following is the table showing the current prices of Volvo cars in India along with their specifications:
| Model | Price | Specification |
|---|---|---|
| Volvo S60 Kinetic D3 | 23,53,800 (Indian Rupees) | 67 L fuel tank capacity, 5 person seating capacity, alloy wheels, 165 PS @ 1500rpm of power, 400 Nm @2750rpm of torque, 1984 cc displacement engine, 5 In-line cylinder |
| Volvo S80 Kinetic D3 | 31,60,919 (Indian Rupees) | 5 person seating capacity, 70 L fuel tank capacity, 5 in-line cylinder, torque 400 Nm @ 2750rpm, alloy wheels, power of 165 Ps @1500rpm,1984 cc displacement engine, |
| Volvo XC60 D5 AWD AT | 40,45,304 (Indian Rupees) | 70 L fuel tank capacity, 5 person seating capacity, 2400 cc displacement engine, 5 cylinder engine, diesel type fuel engine, 205PS @ 4000rpm of power, alloy wheels and torque of 420Nm @ 1500rpm |
| Volvo XC60 Kinetic D3 | 33,51,318 (Indian Rupees) | 5 doors, 5 person seating capacity, 1984 cc displacement engine, 6 gears, diesel fuel engine, 5 In-line cylinder, power of 165PS @ 1500rpm, and along with the torque of 400 Nm @ 2850rpm |
| Volvo XC90 D5 AWD | 44,90,011 (Indian Rupees) | 8.92 overall mileage, 7 person seating capacity, 190 Km/hr maximum speed, 2400 cc displacement engine, 68 L fuel tank capacity, 185PS @ 4000rpm of power and torque of 400 Nm @ 2000rpm, along with 5 In-line cylinder |
Overall Market Reviews about Volvo
Volvo is a luxurious brand of cars, which may not be affordable by the common man easily. But for those who own a Volvo car, their response for the brand has been good. People quite like the interior of the Volvo cars. So the overall response about the Volvo cars has been in the favor of the Volvo Company. The Volvo cars add class to one�s lifestyle.
