Volkswagen lines-up new products for India

Volkswagen may one of the latest entrant in the Indian Car market but the company wants to make its mark in every  segment. Volkswagen will now invest €580 million against the €411 million announced earlier in its Chakan plant. In a month or two Volkswagen will start selling Touareg and Phaeton. In June the much expected Jetta sedan will hit the Indian roads. “We have priced Jetta between Rs 13 lakh and Rs 15 lakh, and it would be assembled at the Aurangabad plant. Two other cars, Phaeton and Touareg, would soon be fully imported,”  Mr Joerg Mueller, President and Managing Director, VW India said. “We are working on additional models, and the very small car is one that is missing at the moment,” Mueller added. Volkswagen first small car the Polo will be rolled out in 2009 and a cheaper small car (built on the UP! platform) will be out in 2012. Answering to the queries on Polo and the new UP Mueller said “We will manufacture the small car Polo at the Chakan plant from 2010, and the car would be priced around Rs 4.35 lakh. The concept car Up, presented at the Delhi Auto Expo in January, is in the process of development. It would be the smallest possible car by Volkswagen, and could be priced around Rs 1.80 lakh.”

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