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Swedish luxury carmaker Volvo Car is expected to launch its luxury sedan S60 in India by 2010, once the car is reintroduced in the European markets in the middle of next year.
The company would also consider setting up an assembly facility in the country as soon as Volvo Car India, the Indian subsidiary of the Ford group company, starts selling at least 2,000 units a year.
"We will be launching the S60 in the Indian market after it is rolled out in Europe in the middle of next year. We hope to have it in India before the end of 2010," Volvo Car India MD Paul de Voijs said. The S60 was phased out since May this year and the new car would be an advanced version, he added.
Volvo Car India, which sells its vehicles as completely built unit (CBU) here, would bring in the S60 from its parent facility in Belgium. Mr Voijs said the firm would look at having an assembly plant here only after achieving a "reasonable sales target". |
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