Volkswagen launches Polo

Volkswagen, Europes largest car maker, launched its much awaited premium hatchback, Polo at a price of Rs 4.34 lakh for the petrol variant and Rs 5.32 lakh (ex-showroom Delhi) for the diesel variant.

"India is a key market for our overall strategic growth plans and with launch of the Polo, it affirms our commitment to offer quality products to customers at affordable prices," said Neeraj Garg, Member of Board and Director, Volkswagen Passenger Cars, Volkswagen Group Sales India. Deliveries of the new 1.2 petrol variant will begin from March and the diesel variant in May.

VW will manufacture the Polo from its Chakan plant with an annual capacity of 1.11 lakh cars. The Polo offers some standard features like the tilt & telescopic steering and the green-tinted heat-blocking glass.

VW which currently markets the iconic Beetle, Jetta, Passat and the Touareg sports utility vehicle, expects the Polo to be a volume puller and a money spinner for the segment.

The Polo which will compete with the Hyundai i10 and the Maruti Suzuki Swift will have a localisation level of 50% .