In order to enhance its presence in the
An Economic Times report mentions that the
"We will be launching a sub-4 meter compact sedan next year. We also plan to bring Beetle into India. These launches will widen our product portfolio and enhance our presence in the country," said Mayer.
Further, the company plans to launch the 8th generation of
Talking about the newly launched Volkswagen Vento, Mayer said: "The Vento has always been among our best received products in the market and with the changes made...we are confident that the product will continue to appeal to our customers." The new Vento comes in both petrol and diesel engines.
According to the financial daily, besides expanding its product portfolio, Volkswagen is also planning to make India a low-cost manufacturing hub, which will cater to emerging and developed markets.
The company also plans to increase the production capacity at the Chakan and Aurangabad units in the next two years. If we believe the reports, by 2018, the German carmaker is considering increasing its production to two lakh units.