BUSMAKERS' NEWS * India - Volvo Buses India to sell 600 units by Dec
Mumbai,India -Reuters, by Aniruddha Basu & Ramya Venugopal -Sep 8, 2010: -- The Indian unit of Sweden's Volvo Bus Corp plans to sell 600 units by December and will raise capacity to 1,000 units by 2012, Akash Passey, managing director, said on Wednesday... Volvo Buses India Pvt Ltd, in which the Swedish parent holds 70 percent, is a joint venture with Bangalore-based Azad Group... Currently, Volvo Buses India's operations contribute about 8 percent to global bus volumes, said Rune Lundberg, senior vice president at Volvo Bus Corp... Volvo Buses India, which is present across 11 cities in the country, plans to set-up five bus centres offering accident repairs, parts warehouse and refurbishment services across five major cities in India, over the next 6 to 8 months, Passey added... Workshops, full contract business and soft sales are expected to account nearly 50 percent of revenue for Volvo Buses India, in the next 3-5 years, Passey added... (Video from YouTube, by VolvoBuses -16 June 2009: Volvo 9700 was awarded the title COACH OF THE YEAR 2008 by a jury of industry journalists from 17 leading European bus and coach industry publications. The trophy was handed over during the Busworld Exhibition in Kortrijk 2007)
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