Volvo Car India, the Swedish carmaker's Indian subsidiary, has forayed into the central state of Madhya Pradesh by opening a dealership in Indore on Thursday. The new Indore facility called Central Volvo marks the auto firm's 23rd showroom in India.
The new dealership was inaugurated by Charles Frump, Managing Director of Volvo Car India. He said that the company intends to add three more showrooms by the end of the year.
"The market for luxury cars is growing rapidly in Madhya Pradesh and the future is very promising. We believe our presence in this region will help us reach our mid-term goal of doubling our segment share by 2020. I am confident our partner Central Volvo will support us in achieving great success here," said Charles Frump.
Volvo Cars India introduced the new XC40 SUV along with the dealership opening in Indore. There are three variants offered on XC40 – Momentum (Rs 39.9 lakh), R-Design (Rs 42.9 lakh) and Inscription (Rs 43.9 lakh), all prices ex-showroom.
"The Compact SUV segment is the hottest in the luxury car space. With The European Car of the Year – Volvo XC40, we strongly believe we have a winner. The XC40 comes with class-leading radar-based safety technology that is unmatched in the segment. It truly raises the bar in the compact luxury SUV segment in India," Frump added.
Volvo launched the XC40 compact SUV in sporty R-Design trim on July 4. The first 200 units sold out quickly prompting Volvo to bring Momentum and Inscription variants.
Being the affordable variant, Volvo XC40 Momentum will miss out on features like wireless mobile phone charging, a 750-watt 12-speaker Harman Kardon sound system, powered tailgate, and heated front and rear seats. The vehicle also has a differently styled alloy wheel design.
The Inscription variant, on the other hand, will boast of much more than the XC40 R-Design offers. The Inscription trim will boast of unique grille design, six-spoke diamond-cut alloy wheels and subtle chrome elements for the exterior driftwood inlays for the interior. The variant also comes with an electrically-foldable rear seat headrest, a crystal gear knob and a charging point in the boot.
The entire variant options of the Volvo XC40 in India will be powered by a 2.0-litre four-cylinder twin-turbo D4 diesel variant that produces 190 horsepower and 400Nm of peak torque. The mill comes mated to an eight-speed gearbox and Haldex AWD with three drive modes – Eco, Comfort and Dynamic.