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Old 19th March 2014, 22:38   #1
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Default Volvo enters value segment with UD Buses

Volvo will enter the value bus segment in India with the launch of a new brand UD Buses later this year.
Volvo has partnered with Bangalore-based S M Kannappa Automobiles to manufacture its new range of buses. The facility is located between Hoskote and Kolar, near Volvo's existing manufacturing facility. Volvo will have 15% equity stake in this production joint venture.

UD Buses will be priced above Rs 30 lakh, at the upper end of the mass bus market. This segment currently constitutes around 2,000 units a year, but this number is expected to rise to around 10,000 units by the end of this decade. Volve is targeting to capture around 30% of the market.

News Source:http://timesofindia.indiatimes.com/b...w/32314908.cms
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Old 20th March 2014, 07:42   #2
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Default Re: Volvo enters value segment with UD Buses

Volvo introduces a new UD bus range specifically designed for growth markets. The segment targeted has high growth potential. UD buses have had a strong brand presence in Japan and South East Asia in the past.

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Quote:
Now we renew and adapt the buses for India and other growth markets,” said Akash Passey”, Senior Vice President, Volvo Group’s bus operations, responsible for the international markets including Asia
The production of UD buses will start in Bangalore during 2014. The first buses will reach the customers later this year. Besides serving the Indian market, the UD bus plant in India will also serve as an export hub in the future.
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Old 20th March 2014, 08:06   #3
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Default Re: Volvo enters value segment with UD Buses

Thats interesting news.

Exterior seems to be the same.

Does anyone know which functions will be deleted to achieve the "value" ?

Less powered engines ?
Simpler gearbox ?
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Old 20th March 2014, 12:00   #4
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Default Re: Volvo enters value segment with UD Buses

What does UD stand for ?
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Old 20th March 2014, 12:04   #5
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Default Re: Volvo enters value segment with UD Buses

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Originally Posted by Blue Thunder View Post
What does UD stand for ?
The UD name was originally used for the company's Uniflow Diesel Engine (known as Two-stroke Engine), developed in 1955, but is now marketed as meaning "Ultimate Dependability".

Cheers!

Last edited by volkman10 : 20th March 2014 at 12:21.
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Old 20th March 2014, 14:03   #6
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Default Re: Volvo enters value segment with UD Buses

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Originally Posted by Blue Thunder View Post
What does UD stand for ?

UD Trucks Corporation (formerly known as Nissan Diesel) is a Japanese company which specialises in manufacture of trucks/buses/special-purpose vehicles. This company is a 100% subsidiary of Volvo Group.


Quote:
Originally Posted by volkman10 View Post
The UD name was originally used for the company's Uniflow Diesel Engine (known as Two-stroke Engine), developed in 1955, but is now marketed as meaning "Ultimate Dependability".
Cheers!
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