German Car manufacturer Volkswagen is smooth sailing these days. A couple of weeks back, it acquired and added Porsche to portfolio and it is only last week that it has bought 20 per cent stakes of Suzuki Motor Corporation.Now Volkswagen has finally rolled out its first ‘Made in India’ Polo car on Saturday from its production plant in Chakan, Pune. The Polo hatchback will enter the Indian car market in the month of March next year. Introducing the Polo is going to be Volkswagen’s biggest push to boost sales in India, which is Asia’s fourth-largest automotive market.
The Volkswagen’s factory in Pune was opened earlier this year. It is a part of a 580 million euros ($ 846.8 Million) investment, which the company says is a “key element” in its India strategy.
This unit can produce up to 110,000 cars a year and will be used to manufacture the Skoda Fabia and the Polo. Besides, it will also be used to manufacture the sedan version of the Polo which will be launched in India in the second half of next year.
Volkswagen is planning to double the number of workers at its factory in India by the end of next year. The car giant sold about 16,000 cars in India from January through October.
Europe’s largest car maker also aims to capture as much as 10 percent of India’s car market in four to six years as it boosts sales in emerging-markets. So far, Volkswagen sells cars under five brands that include Porsche, Bentley, Lamborghini, Skoda and Audi.
Furthermore, Volkswagen is looking at the potential for jointly building cars with Suzuki Motor Corporation in the South Asian nations. Volkswagen and Suzuki plans to develop hybrids and electric vehicles under both car brands.




The Tata Nano stories always seem to amaze us. Literally.








