Volvo on track to double market share despite seeing bad days

MUMBAI: Swedish luxury carmaker Volvo's plans to double its market share in the country by next year is on track even though it expects 2019 to be a "tougher" year for the industry due to the forthcoming elections and other industry factors. Volvo, which emerged as the fastest growing luxury carmaker in the country, rising with a 30 per cent volume growth in 2018 at 2,638 units, had last year said it was aiming to double market share by 2020.