Volvo Goes Up the Value Chain with New Class of City Bus & Coaches; Enters Second Tier of Routes

Volvo today launched a new range of buses, comprising city bus and coaches. The new products will not only raise the standards in the segment where Volvo Buses has a presence, but is now all ready to bring in a new coach aimed at the second tier of routes & cities in India. Present at the launch were Hakan Karlsson, President, Volvo Bus Corporation and Akash Passey, Managing Director & CEO, Volvo Buses in South Asia.

The expanded range of Volvo Buses in India now includes three new models that are the first-of- its kind in the country and takes the company's bus range to 10 different products. All of these actions take place just three months after Volvo Buses announced its ambition to be a USD 1 billion company in the coming years.

Volvo has also taken unilateral step of raising safety standards by introducing enhanced Front Under-run Protection (FUP) & Frontal Impact Protection (FIP) systems across all its coaches.

Hakan Karlsson, President, Volvo Bus Corporation, said, "About three months ago we promised that we will play a bigger role in the progress of the Indian bus industry and announced an investment of INR 400 crore. Today, we stand here with a product range that will take us there. Most importantly, our focus remains to drive quality of life and with our current range we will be spreading the Volvo experience to a larger market in the country. We have defined a clear role for India in the future ' as one of the largest markets in the group, a global hub for selected models, local product development and that utilises the synergies we hold as a group in India. Today, we can proudly say we have set our foundation."

Akash Passey, Managing Director & CEO, Volvo Buses in South Asia, said, "Today, in one single step we are bringing in products equal to that what we did in the last decade. We now have the local competence & experience to raise the momentum of change manifold. This is just as we expand our market access and raise standards & expectations. We are on our way to reaching our vision of a 1 billion dollar company with 5,000 buses produced each year. Importantly, with every new product we are touching areas of national and human value ' improved fuel efficiency, reduced emissions, attractive public transport, safer & comfortable travel. We are ensuring that, with Volvo, our customers are No.1 in their own business, while more & more passengers in the country experience bus travel ' the way the world moves."

The bus offer an all-new dimension of comfort in road travel from the most well-built bus as you glide on for miles. It is a coach in its own class and an inspiration to travel, like never before. Volvo 9400PX has the unique distinction of being a global introduction, starting from India. The first product of its type in the Volvo Product range too.


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