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Founded in 1927 by Swedish Automobile Manufacturer in Gothenburg, Sweden, named the corporation as Volvo Car Corporation. It is inherited by Zhejiang Geely Holding Group. Basically, Volvo was originally formed as a subordinate company to the ball bearing maker SKF.
Owned by AB Volvo until 1999, when it was taken into possession by the Ford Motor Company as part of its Premier Automotive Group. Then in 2010, this brand was obtained by Geely Holding Group from Ford.
Its chief scheme is the manufacturing, distribution and sale of trucks, buses, other fabricating appliances, marine and industrial drive systems and financial services are also widely supplied globally. It secured the position of the second largest manufacturer of heavy-duty trucks in the year 2016.
Often converged with the luxury vehicle manufacturer Volvo Cars, based in Gothenburg, the two firms have been independent of AB Volvo sold Volvo Cars to Ford Motor Company in 1999. Volvo Cars have been solely owned by the Geely Holding Group since 2010, a Chinese global automotive manufacturing company.
Volvo Auto India, a solely owned subordinate of Volvo Car Group, formatted working in India in 2006. Sedans, SUVs, crossovers, and hatchbacks are included in Volvo India’s product portfolio. A total of 10 car models are offered in India. These consist of 1 Volvo upcoming car and 9 new Volvo cars in India.
The list of Volvo cars in the country comprises 1 hatchback car, 3 sedan cars, 2 SUV cars, 3 crossover cars. The manufacturer offers 4 petrol variants, 13 diesel variants, 1 hybrid variant. Some of the popular Volvo cars in India include Volvo XC60, Volvo V90 Cross Country, Volvo V40, Volvo S90, Volvo S60 Cross Country. As of March 2018, Volvo has a total of 17 dealerships spread across 16 cities in India.
In India, currently, 8 VOLVO cars are available. The V40 is the lowest price model at Rs 27.69 Lakh and the XC90 is the highest price model at Rs 1.27 Cr.