Tuesday, June 07, 2011
By Pranjal Gera
Volkswagen Vento diesel price to increase by Rs 20,317
German Automobile giant Volkswagen, have announced to increase the price tag for the new models of diesel variants up to Rs 20,317. This price hike is for the new Volkswagen Vento Diesel Variant versions booked by customers before 30th June, 2011.
This decisive move by Volkswagen India is an equalizer to the increment of input costs. This move will affect the price tag for Volkswagen Vento, the company’s mid-sized sedan by a 2.2 percent step-up rise. While the petrol variants will be marketed with the same price having no effect in price inflation. The latest monetary value of Volkswagen Vento is priced between ranges of Rs 7.99 lakh to Rs 9.24 lakh (ex-showroom price, Delhi), similarly the petrol variant of Volkswagen Vento is available from Rs 6.99 lakh to Rs 9.22 lakh (ex-showroom, Delhi).
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Signifying the price rise to be apt Mr. Neeraj Garg, Volkswagen Group Sales India Pvt. Ltd. Member of Board & Director, Volkswagen Passenger Cars informed that the input costs were showing no sign to decrease since a few months which compelled the Volkswagen group to market this change.
Informing us further Mr. Garg said that the petrol variant’s additional input costs would be absorbed by the company, also because the customers satisfied by petrol variants have to deal with the hikes in petrol prices every now and then.
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With further inputs from officials of Volkswagen India they are strategizing to offer a minimized rate of interest of 6.99 per cent effecting from the coming June of 2011. However this would applicable only for selected models of Volkswagen Vento.
As a matter to fact 23,649 new units of Volkswagen Vento have been sold till May, 2011 which is a remarkable success as it was launched in September, 2010.