Volvo Car India on Friday said it has covered all employees of its dealerships under a term insurance policy of up to Rs 10 lakh in the wake of the second wave of the coronavirus pandemic. Stating that one of the major concerns during this pandemic has been the fate of a family that loses its breadwinner, the company said it is addressing this concern and will bear the premium cost and has undertaken the term insurance of all personnel employed at its 25 dealerships across India. "Under this initiative, in the unlikely and unfortunate event of a dealer employee's demise due to COVID-19, the employee's family will receive a compensation up to Rs 10 lakh," Volvo Car India said in a statement. Commenting on the initiative, Volvo Car India Managing Director Jyoti Malhotra said as dealer employees are usually the first interface that Volvo customers have with the company, they play a crucial role in customer satisfaction. "For us they are an integral part of our team and therefore the .
Volvo Car India on Monday said it has increased prices of most of its products by up to Rs 2 lakh with immediate effect in order to partially offset the impact of rising input costs.
Volvo Car India on Monday said it will bear the cost of vaccinating its employees against Covid-19
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The growth was driven by the premium SUV XC60 and the new compact SUV New XC40, the company said in a release