November 25, 2012

Auto Briefs

Lamborghini may join SUV fray; Volvo eyes India expansion

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(Lamborghini)

Lamborghini still mulling adding SUV
Lamborghini CEO Stephan Winkelmann says the automaker will decide in coming months whether to join other luxury brands and expand into all-terrain SUVs.Lamborghini, owned by German carmaker Volkswagen, presented a concept SUV, the Urus (shown), in April with an eye on a 2017 launch. If it goes ahead, the carmaker expects to produce 3,000 SUVs a year, beyond the 2,000 super sports cars it already builds. Winkelmann says the SUV's natural markets would be North America, the Middle East and Asia as well as Britain, Germany and Russia.
The Associated Press


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(Associated Press file photo)

Volvo plans to expand truck sales in India
Volvo plans to sell cheaper trucks and add capacity in India as it seeks to win market share from Ashok Leyland and Mahindra & Mahindra. Volvo, which began assembly in India 14 years ago, together with partner Eicher Motors, aims to be among the nation's top two truck manufacturers, the company says. The "value" Volvo model will help the maker of UD and Mack truck brands win customers in Asia's third-largest economy, where the cost of freight carriers is 51 percent lower than Volvo's least-expensive offering.
Bloomberg News

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