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Volkswagen joins the likes of Maruti Suzuki, Hyundai, Mahindra to announce value hikes
Volkswagen India has introduced a value revision by as much as 2.5 per cent throughout the Polo and Vento mannequin vary. The value hike might be relevant from January 2021, and the corporate has attributed the rise to the rising enter prices. Volkswagen turns into the newest OEM to extend costs for the brand new yr becoming a member of the likes of Maruti Suzuki, Hyundai, Ford, Mahindra, and extra. Both the Volkswagen Polo and Vento are locally-built merchandise whereas the T-Roc and the Tiguan AllSpace are delivered to the nation as Completely Built Units (CBUs).
Also Read: Volkswagen Taigun Is Now Listed On VW India’s Official Website
Automakers normally revise costs initially of the yr and this has been the norm within the trade for the longest time. This yr, costs have seen a robust uptick with the transition to BS6 norms, adopted by the lockdown and pandemic that triggered supply-chain disruptions for elements and uncooked supplies, which have additional pushed costs for the automobiles.
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Apart from Volkswagen Passenger Cars, VW Group’s luxurious model Audi additionally introduced a value hike in November this yr throughout its vary. It’s not clear in the intervening time however we may see an identical value improve from one other group firm – Skoda Auto India – for the locally-built Rapid sedan. Volkswagen India has deliberate a product onslaught in 2021 that features the much-awaited Taigun compact SUV, adopted by the Vento successor and a brand new subcompact SUV for India.
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