Volvo Cars, known for its SUVs and Estates, sells its flagship 7-seater luxury SUV XC90 which is its volume grosser
India is the third biggest R&D centre for Volvo after Sweden and France in headcount
The model is based on the company's XC90 model
When in use for long distances, the vehicle can be run on a hybrid mode or a power mode where petrol will be consumed
It also seeks to increase sales volume and secure a 10% market share in the luxury car segment by 2020
Engines, 5 & 8 litre, will be manufactured at VE Powertrain plant in Pithampur near Indore
Q&A with Santosh Aiyer, managing director, Volvo Asset Finance