Volkswagen prices in India hiked by up to 3% from Jan 1
German auto major Volkswagen Friday announced up to 3 per cent increase in prices of its vehicles across models in India from January 1, 2019.
Ameo Connect
The upward price revision is due to increased input cost and fall in rupee, the company said in a statement. Image Source: Official website
Passat
Steffen Knapp, director, Volkswagen Passenger Cars, said following the dynamic changes within the economy and rising input costs followed by a depreciating rupee, there has been a foreseen requirement to increase prices in the passenger vehicle segment. Image Source: Official website
Polo
"A diminutive percentage increase will assist the company in restoring equilibrium for the upcoming months," he said. Image Source: Official website
Tiguan
Volkwagen is carrying out an upward revision of up to 3 per cent in the prices of its product range with effect from January 2019, the release said. Image Source: Official website
New Vento
Knapp said that a part of the increase has been absorbed by the company. Other major automakers like Maruti Suzuki, Toyota Kirloskar Motor and Isuzu Motors India have already announced hike in their vehicle prices from January. Image Source: Official website
Captions credit: PTI