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      Volkswagen Polo and Vento likely to get expensive by up to 3 percent

      CarTrade Editorial Team

      CarTrade Editorial Team

      The Indian un it of the largest European car maker Volkswagen is likely to raise the prices of their mass segment vehicles including premium hatchback Polo and mid-size sedan Vento by up to 3 percent. The major factor behind this price hike could be the rising cost of input materials.

       

      Volkswagen Polo and Vento likely to get expensive by up to 3 percent
      Volkswagen Polo and Vento likely to get expensive by up to 3 percent
       

      In a statement given to PTI, an industry source said, "The company will increase the price of Polo and Vento models by one to three per cent soon." However, the company hasn’t made any announcement in this regard, so far. A company spokesman recently stated, "We cannot comment on market speculation".

      Both Polo and Vento model were launched in the country in year 2010, and both these cars have been receiving an overwhelming response from the Indian buyers since then.

      In June 2012, the total sales of the company declined to 5,371 units in India as against 5,397 units sold in the same period last year. Besides Polo and Vento, the company also sells premium sedans like Jetta and Passat, iconic Beetle and luxury sports utility vehicle Touareg in the Indian market.

      Volkswagen | Polo | Volkswagen Polo