The Indian unit of largest European car maker Volkswagen said on Monday that it will hike the price of the diesel version of its mid-size sedan Vento by 2.2 percent. The new prices will come into effect from the starting of next month. The decision has been taken in a bid to offset the higher input material costs. However, the price of petrol variant will be kept unchanged.
At present, the Volkswagen Vento Diesel is available in the price range of Rs 7.99 lakh and Rs 9.24 lakh (ex-showroom, Delhi). On the other hand, the petrol version is available in the range of Rs 6.99 lakh to Rs 9.22 lakh (ex-showroom, Delhi).
In a statement, Volkswagen Group Sales India Pvt Ltd Member of Board & Director, Volkswagen Passenger Cars, Neeraj Garg said that the company has seen no relent in the input costs over several months now, which has forced company to increase the cost of the Vento. He added, "On the other hand we are fully aware that customers who prefer the petrol variants are already faced with the burden of increased fuel costs and therefore we have decided to continue absorbing the additional costs for our petrol variants."
