Mar 27, 2009 10:16 ET
Order for 260 Volvo Buses in India
STOCKHOLM, Sweden --(Business Wire)-- Mar 27, 2009
Regulatory News:
Volvo Buses 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
(STO:VOLVA) (STO:VOLVB) buses in Bangalore and these buses have
radically changed the view of what it is like to travel with city buses
in India. For example, the buses are air-conditioned and feature low
floors for fast and easy boarding and exiting.
“Surveys show that 60% of the passengers in these buses previously
traveled in their own car or by motorcycle,” related Akash Passey,
Managing Director of Volvo Buses in India. “For many Indian cities, the
goal is to have more people use mass transit and, consequently, this
requires new, modern buses.”
Volvo buses are also used in Bangalore for transportation to and from
the airport.
“Each new Volvo bus placed in traffic increases the exposure of buses.
As a result, increasingly more of the population views buses as a better
alternative than traveling in their own vehicle,” says Akash Passey.
Volvo Buses has also received orders for 120 Volvo 9400 inter-city
coaches to the State of Karnataka, in which Bangalore in the capital and
to the State of Maharasthra, in which Mumbai is the capital. The orders
are from customers already operating Volvo coaches and who have
favorable experiences of them.
“Our customers have seen that passengers prefer these coaches, are
prepared to pay extra to travel in them and that, as a result, the
coaches generate highly favorable productivity,” says Akash Passey.
The buses will be assembled at Volvo Buses’ plant in India and
deliveries will be made in 2009.
Volvo Bus Corporation is one of the world’s largest manufacturer of
large buses and coaches. The range comprises complete vehicles, chassis,
bus bodies, transport system solutions for metropolitan traffic,
leasing, financing and service contract maintenance. Volvo Bus
Corporation is part of the Volvo Group, one of the world’s leading
manufacturers of trucks, buses and construction equipment, drive systems
for marine and industrial applications, aerospace components and
services. The Group also provides complete solutions for financing and
service. For more information, please visit http://www.volvobuses.com/
This information was brought to you by Cision http://www.cisionwire.com
Volvo
Per-Martin Johansson, press officer
+46 31 322 52 00
per-martin.johansson@volvo.com