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Covid-19 pandemic: Volvo Car India announces Rs 10 lakh term insurance policy for all dealer employees
In case a dealer employee of Volvo Car India succumbs to Covid-19, his/her family will receive compensation of up to Rs 10 lakh.
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Volvo Car India recently launched the new S60 at Rs 45.90 lakh (ex-showroom).
HIGHLIGHTS
It sells models like XC40, XC60, XC90, S60 and S90.
The entry-level Volvo XC40 is priced at Rs 41.25 lakh (ex-showroom).
In view of the Covid-19 pandemic, Volvo Car India today announced a term insurance policy of up to Rs 10 lakh for all the personnel employed at its dealerships across the country. The luxury automobile manufacturer will bear the premium cost for all the policies.
Synopsis
After the price hike, S90 D4 Inscription is now priced at Rs 60.9 lakh, XC40 T4 R Design at Rs 41.25 lakh, XC60 D5 Inscription at Rs 60.9 lakh and XC90 D5 Inscription at Rs 88.9 lakh (all prices ex-showroom).
Agencies
Volvo had last announced price increase in 2018 and thereafter has maintained the price line for all its products.
Volvo Car India on Monday said it has increased prices of most of its products by up to Rs 2 lakh with immediate effect in order to partially offset the impact of rising input costs. The company has hiked the ex-showroom prices of its luxury sedan S90 and premium SUVs XC40, XC60 and XC90 with effect from May 3, the Swedish luxury car maker said in a statement.
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