Volkswagen AG has started production of Volkswagen Polo in India on Saturday. Polo goes to be VW’s initial compact automobile in India, and also the company is going to capture up to ten % of the country’s automobile market inside succeeding six years.
Volkswagen Polo Car in Indi: Compact automobile in India
Volkswagen Polo Car in Indi: Compact automobile in India
Europe’s biggest automobile manufacturer Volkswagen is prepared to require on Maruti Suzuki & Tata Motors because it is eyeing to double its workforce in India by the top of 2010.
Current VW plant in Chakan in Pune has around 1200 folks. the present producing unit will manufacture up to 110,000 cars a year, and can be used to manufacture the Skoda Fabia, Polo and a sedan to be launched within the second half next year. Volkswagen had place around 580 million euros, or Rs 3,800 crore, during this producing plant,
Volkswagen has conjointly got a twenty percent stake in Japan’s Suzuki Motor Corp only recently.
“We aim to attain a market share of eight to ten percent within the next four to 6 years with the 3 Volkswagen cluster brands, Audi, Skoda, and Volkswagen,” Volkswagen cluster board member Jochem Heizmann said during a statement.
The price of the Polo automobile continues to be underneath the wraps and is nevertheless to be disclosed.
Volkswagen has conjointly got a twenty percent stake in Japan’s Suzuki Motor Corp only recently.
“We aim to attain a market share of eight to ten percent within the next four to 6 years with the 3 Volkswagen cluster brands, Audi, Skoda, and Volkswagen,” Volkswagen cluster board member Jochem Heizmann said during a statement.
The price of the Polo automobile continues to be underneath the wraps and is nevertheless to be disclosed.
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