Volkswagen AG’s CEO Martin Winterkorn has confirmed that the budget brand will see light of day in 2018 with a family of cars.
World’s second largest automaker, Volkswagen plans to introduce four new cars to India over next two years.
2015 Volkswagen Vento Facelift has been launched in Delhi at a base price of Rs 7.70 lakhs (ex-showroom, Mumbai).
Volkswagen India is entering its second phase and enhancing localization at the company’s Chakan facility near Pune.
6,000 workers in Brazil’s auto plants have been laid off since early 2015, thousands more have been put on unpaid leave.