Volkswagen to launch new Polo in India
The VW Polo will compete with Swift, Getz and the new Indica.
BY A CORRESPONDENT
November 30, 2006
Come 2009, and Volkswagen would lift the wraps off a new variant of its popular car, Polo. To be a competitor to Marutiís Swift, Hyundaiís Getz and Tata Motorís Indica, the new Polo variant will be designed and developed by Volkswagen internally for the Indian market.
The carmaker, meanwhile, inked a pact with the Maharastra government for producing Volkswagen cars from Pune. According to a Volkswagen official, the company would go for the B segment of the passenger car market, which incidentally is the largest in the country. The company sees further growth in this segment.
Post-pact with the Maharashtra government, the auto major would acquire 230 hectares of land in Chakan at Pune. The new plant would boast of an initial capacity of 110,000 units by 2009. The company is expected to invest around Rs 2,450 crore for the plant.
Further, according to reports, the car maker will also roll out its Passat model , which will don a price tag of Rs 30 lakh . The Passat would be rolled out of the Skoda Auto manufacturing facility at Aurangabad by mid-2007. Skoda officials, in the meanwhile, added that it would double production at Aurangabad from 12,000 units to 25,000 by next fiscal. He facility would manufacture Volkswagen cars and look for few models from the Audi stable.