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The Swedish luxury car company Volvo Car India is expecting to 'accelerate' its growth rate in the country this year. According to Charles Frump, Managing Director, Volvo Car India, the higher growth will be supported by the launch of new car models and addition of dealerships, primarily across tier-II towns.
The company sold close to 2,029 cars in 2017, almost 28 per cent higher than the number of cars sold in 2016. "We are pacing extremely fast and we should be exceeding the growth (in sales) we recorded last year," Frump told newspersons on the sidelines of the inauguration of its new dealership in the city on Friday.
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