Volkswagen Polo and Vento Might go Expensive by 3 Percent
Some of the sources said that Volkswagen, the German auto giant is planning to increase the prices of its maiden hatchabck polo and the entry level sedan Vento by up to 3 per cent. "The company will increase the price of Polo and Vento models by one to three per cent soon," sources told PTI.
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Published On Aug 29, 2012 13:27 IST
Published OnAug 28, 2012 19:15 IST
Last Updated OnAug 29, 2012 13:27 IST
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When a company's spokesperson was contacted, he refused to comment on price hike and said, "We cannot comment on market speculation". Both the Polo and the Vento were launched in India in the year 2010 and they have become the flagship brands of the Volkswagen. And these two only products are doing great for the brand. However nothing on the reason for price rise has been commented by the company, but we believe that the uneven economy would be the reason behind it.
Sales of Volkswagen models declined marginally in June at 5,371 units compared to 5,397 units during the same period of last year.
Courtesy: Press Trust of India
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<p>A totally people's person Vikas Yogi ventured into journalism 5 years ago. He started his career as a journalist for an online media agency, where he worked on few of their best online projects. Later on, he was given command of their entire content development division, where he single handedly managed and developed content for various domains ranging from Telecommunications, Electronics, Home Appliances, Fashion, Lifestyle to his favorite 'Automobiles'.</p>
<p>He has spent more than 3 years writing about the automobiles and being a car fanatic, he has got the right blend of enthusiasm and knowledge that is required to keep the readers' spirits up. Known for his wits and puns, Vikas is leading a team of journalists as an expert on automobiles but surely not limited to being one.</p>Read more
