Swedish luxury car maker Volvo Car India on Friday announced that it has recorded a 52% growth in its retail sales at 713 units in the first six months of 2021.
The company had sold 469 cars during the same period last year. According to the company, the mid-size luxury SUV XC60 is the highest-selling model in H1 2021.
The company is confident and expects stronger growth in the remaining part of the year. It is planning to launch its first full-electric SUV, ‘XC40 Recharge,’ in India later this year. Besides, it also plans to introduce the petrol variants of its premium sedan S90 and mid-size SUV XC60 in H2 2021.
Jyoti Malhotra, Managing Director, Volvo Car India, said that a 52% growth in high-end luxury mobility during a highly depressed consumer sentiment phase and major COVID restrictions in the marketplace shows the confidence that the Indian consumer has brand Volvo.
“Despite uncertain conditions, it has been a good first half for the company, giving us a strong base as we move forward in the year and bring new products to our consumers,” he added.