Page 2 - Volvo India

Volvo Car India offers term insurance coverage to employees at dealerships

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 India announces 24 weeks paid parental leave for male workers

Volvo on Wednesday announced a gender neutral policy, 'Family Bond', that allows the male employees in India to avail up to 24 weeks (120 working days) of parental leave

India's share in our EV sales to be more than any others: Volvo India MD

Car maker says four out of five cars it sells in India will be electric by 2025; globally, EV sales will be 50% of company's total

Based on a next generation platform, Volvo S60 retains safety-first focus

Sporty with a muscular sedan-like look and kitted with a petrol engine, the S60 scores big on comfort as far as interiors go

Focus on EVs seems to have pipped that on public transport: Volvo India CEO

In a Q&A Kamal Bali says industry needs a clear policy road map, whichever fuel is opted for; emphasis should be on sustainable mobility instead of congesting roads with electric vehicles

Eicher Motors' VECV to acquire Volvo India's bus biz for Rs 100.5 cr

VECV entered into a business transfer agreement on Aug 12 with Volvo Group India for acquisition, as a going concern on slump sale basis, of the bus business of Volvo Group India, Eicher Motors said

India has huge talent pool, must market itself better: Volvo Cars India MD

Frump tells Pavan Lall that India has a huge talent pool but it must learn to market itself better to the world

Volvo Car India sales up 30% to 2,638 units; MD calls 2018 'record year'

Cars from the company's Scalable Product Architecture and Compact Modular Architecture platforms have gained momentum in the market

Volvo plans to assemble plug-in hybrid cars in India by end of 2019

The plug-in hybrid will be rolled out from the company's assembly facility in Bengaluru

Volvo India to drive past 2016 with 20% growth

Volvo is bullish about India, says managing director

Volvo India expects 25% growth this year, says MD

The company said it has seen growth in 2015, after three years, and is looking to continue to grow in the near future