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Volvo expects modest sales growth this year
Business Standard
|August 02, 2025
Swedish car giant Volvo Cars India expects 2025 sales growth to be lower or flat owing to a combination of factors, including forex fluctuations and the macroeconomic situation.
Jyoti Malhotra, managing director (MD), said: "We had anticipated this year to be a modest growth year, and it's progressing in that direction. It is a combination of macro and micro factors." Volvo had sold 1,860 cars in India in 2024 calendar.
"Forex creates one challenge. This whole year, we have lived in a lot of uncertainties—whether it is geopolitics or forex. So, we are in a bit of a fluid situation now," he said.
Malhotra added that for a combination of factors, this year is going to be a bit challenging. The festival season will bring some good news and things will look up, he said.
Diese Geschichte stammt aus der August 02, 2025-Ausgabe von Business Standard.
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