RedditoCapital by RedditoCapital
Posted on 06-06-2019 | 11:45:47AM

Volvo has become a real alternative to German luxury cars for Indians.

  • Volvo follows one-state-one dealer policy, says Volvo Auto India MD Charles Frump
    We make sure that dealers have the inventory they need but not more than that, he adds
Notwithstanding the tag of youngest luxury vehicle manufacturer in India, Volvo Auto India Pvr Ltd (Volvo Cars) has a sizable number of dealerships, an assembly plant and spare parts warehouse to efficiently to cater to the domestic market. In an interview to Mint, Charles Frump, managing director, said the top priority of the company’s senior management for India has been maintaining profitability and long term sustainability of dealers. According to Frump, the introduction of battery electric vehicles and the current tax structure around the segment will provide immense opportunity to late entrants like Volvo to capture the market. 
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