Swedish automaker Volvo plans to launch its luxury sedan, the 2010 Volvo S60, in India by 2010. The company plans to launch the car in the European market before its India launch.

Volvo has said that its expansion plans for India are on track, despite rumors of Ford selling off the brand.

Bogged down by the economic slowdown, bus major Volvo Buses India is looking at a slower growth rate for the 2009 calendar year.  The company is expecting a modest 20 percent growth in 2009 even as the overall bus segment is set to witness a decline of 25 percent.

Volvo is planning a larger presence in India, and new dealerships are on the cards for 2009.

Unveiling the first ever coach with a multi-axle configuration in the country, Volvo Buses India has rolled out a special edition of its Signature series buses.

Volvo launched the Volvo XC90 R-Design, the latest variant of its luxury SUV, Volvo XC90, on October 15, 2008, in India.