MotorBeam – Indian Car Bike News & Reviews

Volvo is considering the launch of cheaper stripped down variants of its cars in India. The company plans to boost its sales volume significantly and is relying on the increasing demand of luxury cars in the country to help them achieve their sales target. BMW and Audi have basic variants of its cars, while Mercedes-Benz [...]

Volvo Bus India has increased its stake to 100% from the previous 70% by purchasing Azad Group’s stake in the company. The company expects to increase its revenue to $1 billion in the next five years driven by its luxury bus segment and exports. The Swedish bus maker expects 2010 revenue to be around Rs [...]

Ford Motor Company has announced it has entered into a definitive agreement to sell Volvo Car Corporation and related assets to Zhejiang Geely Holding Group Company Limited. The sale is expected to close in the third quarter of 2010, and is subject to customary closing conditions, including receipt of applicable regulatory approvals. The purchase price [...]

Volvo Trucks India has increased prices of its vehicles by 3-4% starting this year on account of rising input costs. Prices have gone up on account of high input costs especially, steel and rubber. Prices of Eicher products too have been increased by 2% for the same reasons. The company sold about 1,000 trucks last [...]

Eicher trucks has launched a new series of heavy duty trucks at the 2010 Auto Expo. This launch forays the global launch of VE Commercial Vehicles, a Volvo and Eicher Motors 50:50 joint venture. The new Rear Engine Semi low Floor Bus are also on display at Eicher Motors stall at Pragati Maidan in New [...]

Volvo India has received order for 260 buses in India. Among these the city of Bangalore purchased an additional 140 Volvo 8400 city buses. The customer in Bangalore, BMTC, already operates more than 300 Volvo buses in Bangalore and these buses have radically changed the view of what it is like to travel with city [...]

Volvo Car Corporation is the first car manufacturer to own a wind tunnel that fully simulates the airflow around and underneath the car’s body, combined with wheel rotation on a flat road surface.The main idea behind this wind tunnel is the quest for lower fuel consumption and lower carbon dioxide emissions. Volvo Cars’ wind tunnel was [...]

Volvo Car India (VCI) on Sunday said it plans to strengthen its dealer network and sell 400-500 in the country by the end of this fiscal and launch 2-3 new models in future. Volvo’s India Plan