From January 2021, German carmaker Volkswagen has also been included in the list of the price hike of cars. Volkswagen India has said that it will increase the price of its hatchback Polo and Medium sized sedan Vento in India by two and a half percent from next month.
Volkswagen Passenger Cars India said in a statement, "With the cost of all essential goods and services rising, Volkswagen India has decided to raise prices. From January 2021, the company announces to increase the price of all models of its polo and vents by 2.5 percent. "
Sells these cars
Volkswagen's Polo price starts at Rs 5.88 lakh and Vento price starts at Rs 8.94 lakh. Apart from these two cars, the company also sells Tiguan Allspace and T-Roc in India. Both these cars were launched by Volkswagen this year. Apart from this, the company is soon to launch the new Taigun, whose teaser video has been released. It will enter the Indian market in 2021. The SUV was showcased in concept form with the Tiguan Allspace and T-Roc at the Auto Expo 2020 held in February. In the Indian market, Taigun will compete with Hyundai Creta, Kia Seltos, MG Hector, Maruti Suzuki S-Cross and Nissan Kicks.
Their vehicles are also going to be expensive
Prior to Volkswagen, Maruti Suzuki India, Nissan, Renault India, Honda Cars, Mahindra & Mahindra, Ford India, Isuzu, BMW India, Audi India car companies and and two-wheeler company Hero MotoCorp have also announced price hikes from January 2021. . All companies have cited increasing input costs on the back of price rise. Nissan has announced the highest price increase of up to 5% of these companies so far