<p>German auto major Volkswagen will launch five products, including the iconic Beetle and its popular SUV Tiguan, in India in next two years to strengthen its presence here.<br /><br /></p>.<p>The company kicked off the programme with the launch of a new version of its mid-sized sedan Vento priced between Rs 7.85 lakh and Rs 11.87 lakh (ex-showroom Delhi).<br /><br />"India is an important market for Volkswagen. In the next 24 months we plan to launch five products," Volkswagen Passenger Cars Director Michael Mayer told reporters here.<br />The company plans to enter new segments with the launches, he added.<br /><br />"We will be launching a sub-4 meter compact sedan next year. We also plan to bring Beetle into India," Mayer said.<br /><br />Further, the company plans to launch the 8th generation of Passat sedan and brand new sports utility vehicle Tiguan, he added.<br /><br />"These launches will widen our product portfolio and enhance our presence in the country," Mayer said.<br /><br />On the Vento launch, 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."<br /><br />The company had first launched Vento in 2010 and since then has sold around 1.10 lakh units of the sedan.<br /><br />The new Vento comes in both petrol and diesel engines.<br /><br />Volkswagen is planning to make India a low-cost manufacturing hub, which will cater to emerging and developed markets.<br /><br />The company plans to invest Rs 1,500 crore on localisation and producing cost-effective products. It also plans to increase the production capacity at the Chakan and Aurangabad units in the next two years.<br /><br />Volkswagen plans to increase its production to two lakh units by 2018 and add more new models from the Chakan plant.<br /><br />In India, Volkswagen group has five brands —- Audi, Volkswagen, Skoda, Porsche and Lamborghini. <br /></p>
<p>German auto major Volkswagen will launch five products, including the iconic Beetle and its popular SUV Tiguan, in India in next two years to strengthen its presence here.<br /><br /></p>.<p>The company kicked off the programme with the launch of a new version of its mid-sized sedan Vento priced between Rs 7.85 lakh and Rs 11.87 lakh (ex-showroom Delhi).<br /><br />"India is an important market for Volkswagen. In the next 24 months we plan to launch five products," Volkswagen Passenger Cars Director Michael Mayer told reporters here.<br />The company plans to enter new segments with the launches, he added.<br /><br />"We will be launching a sub-4 meter compact sedan next year. We also plan to bring Beetle into India," Mayer said.<br /><br />Further, the company plans to launch the 8th generation of Passat sedan and brand new sports utility vehicle Tiguan, he added.<br /><br />"These launches will widen our product portfolio and enhance our presence in the country," Mayer said.<br /><br />On the Vento launch, 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."<br /><br />The company had first launched Vento in 2010 and since then has sold around 1.10 lakh units of the sedan.<br /><br />The new Vento comes in both petrol and diesel engines.<br /><br />Volkswagen is planning to make India a low-cost manufacturing hub, which will cater to emerging and developed markets.<br /><br />The company plans to invest Rs 1,500 crore on localisation and producing cost-effective products. It also plans to increase the production capacity at the Chakan and Aurangabad units in the next two years.<br /><br />Volkswagen plans to increase its production to two lakh units by 2018 and add more new models from the Chakan plant.<br /><br />In India, Volkswagen group has five brands —- Audi, Volkswagen, Skoda, Porsche and Lamborghini. <br /></p>