Volvo Cars appoints Jyoti Malhotra as managing director

Volvo Cars India has appointed Jyoti Malhotra as Managing Director of the company.  The 49-year-old Malhotra will be the first Indian to head the company in India. He currently serves as the Director of Sales & Marketing. He joined the company in August 2016.

Charles Frump has been at the helm since October 2017. Charles has completed a successful tenure in India and is moving over to another global assignment. Jyoti takes over from Charles on March 1, 2021.

Charles has been instrumental in steering Volvo Cars India in becoming a major luxury car player in the Indian automobile industry. In his tenure, the company started its local production in India, introduced new generation models to offer the unique Swedish luxury experience to its customers and expanded Volvo’s footprint in India. Under his leadership, Volvo Car India delivered record results in both market share and earnings.

Charles also successfully led the company during the most critical COVID lockdown period. The company has an ambitious plan of going for Electric vehicles beginning with a soon-to-be-launched XC40 Recharge. 

Malhotra has over 24 years of automotive experience in the Sales & Marketing domain. He has held national, regional, and local positions in various automotive companies in India namely Mahindra & Mahindra, Maruti Suzuki, and Fiat Auto India before taking over as Director Marketing and Sales in Volvo Car India. 

On his new responsibility, Malhotra said, “It is indeed a challenge to take over from Charles who was instrumental in growing the company to its present level. These are exciting times with the Indian automobile sector being on the phase of transition to the Electric vehicle era. Volvo India is gearing up for the same and I look forward to this major shift in our company’s offerings. I thank Charles for his contributions towards the development of Volvo Car brand in India and wish him success in his future endeavours.”