Volkswagen, Europe’s largest carmaker, is planning to import and sell the iconic car brand in India next year. It would be a completely built unit import, which means that the beetle will have a steep price tag.
The CBU imports attract over 100%duty and VW is currently looking for a niche market, for the new car in India.
This would be positioned in the lifestyle car and the pricing for India is yet to be decided. Volkswagen is present in India as Volkswagen India, Skoda Auto India and Audi India.
The carmaker has a 30,000-unit manufacturing capacity at Aurangabad and is in the process of setting up a 1.1-lakh unit facility at Chakan (Pune), which is planned for release next year.
Despite the global slowdown Volkswagen has remained mostly unaffected. It is all set to give competition to other hatchbacks despite no tweak in its pricing.
Source: Infibeam.com News
Bookmark this post: