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Volkswagen Phaeton to launch in June; tagged at Rs 76.3 lakh

Published On May 28, 2010 08:59 PM By Vidyadhar for Volkswagen Phaeton

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Volkswagen Phaeton will be launched in the next month and would be priced at Rs 76.3 lakh. The car would be brought in as a completely built in unit. This car would be the third CBU import by the company, the other two being the Touareg and the new Beetle. The car however has not received any booking as of now, perhaps due to the niche market it caters to, company sources suggest.

Volkswagen Polo, on the other hand has a waiting period of 3 months currently. The car was launched in March this year and has received tremendous response from the users. Depending on the model and the variant the car has waiting periods of nearly 2-3 months. The customers are getting impatient to get the delivery of their favourite car.

The booking amount for Volkswagen Polo is Rs.50,000/-. The Chakan plant of the company which is occupied in the manufacturing of the car is escalating volumes as it is soon going to witness the production of its new sedan Volkswagen Vento. The production of Vento is expected to begin from July this year.

Neeraj Garg, member of the board and director, Volkswagen India, shared that there are over 9000 bookings of Polo so far which is a great indication as customers are ready to wait for the car even for a period of three months.

Volkswagen Polo is compared to Skoda Fabia many a times, but is priced much lower than the latter. Mr. Garg clarified here that although there are different brands in the segment and it is competitive but there is no conflict of any sorts.

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