Volkswagen , the German carmaker is said to be planning to increase the price of the Polo and Vento in a few days. According to reports, VW's best selling cars will soon be costlier by as much as 3%.
Volkswagen's price hike will follow similar price hikes by other carmakers. Toyota had earlier announced a marginal increase in prices of its entire product range in India. The German carmaker has so far not made any official statement on this possible price hike.
A price hike would hurt Volkswagen India now as its sales have seen a slight decline this June. The company's success in India can be attributed to the performance of the Polo and the Vento in the market. With increasing competition and low customer sentiment already taking a toll on car sales, Volkswagen's decision for a price hike could hurt it.
The Volkswagen Polo is a premium hatchback available in both petrol and diesel versions. Here is the current price list of the Polo (all prices ex showroom Delhi)
Polo Trendline (P) : Rs. 4,57,000
Polo Comfortline (P) : Rs. 5,08,000
Polo Highline (P) : Rs. 6,04,000
Polo Highline 1.6 (P) : Rs. 6,38,000
Polo Trendline (D) : Rs. 5,59,000
Polo Comfortline (D) : Rs. 6,10,000
Polo Highline (D): Rs. 7,06,000
The Volkswagen Vento is the sedan version of the polo and is VW India's best selling car. Here is the detailed price lit of the Vento (all prices ex showroom Delhi)
Vento Trendline (MT) : Rs. 6,99,000
Vento Trendline (D) : Rs. 7,99,000
Vento Highline (MT) : Rs. 8,23,000
Vento Comfortline (D) : Rs. 8,74,000
Vento Highline (AT) : Rs. 9,21,000
Vento Highline (D) : Rs. 9,23,000