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Originally Posted by lurker He also made an oblique reference to 'detuning'....because Indian road conditions are 'far' different from Oiropean road conditions. So get ready for the 'detuned' small car from Volkswagen. Should be fun. |
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Originally Posted by rahul_intlad I think they will definetly come up with a diesel version for the small car.Indica may get a new competetor |
| Volkswagen drives into Maharashtra 2006-09-12 08:44 Source : Moneycontrol.com Email Print Version SMS Most Popular E-mailed Read Rated Volkswagen has finalised an agreement with the Maharashtra Government to locate its Indian greenfield car manufacturing plant at Chakan in the outskirts of Pune. Government sources told Business Line on condition of anonymity that the company has been given in-principle approval for 400 acres, adding that it is expected to ink an agreement and announce its plans in a few weeks. The sources also said that a team of directors from the company has been in several rounds of talks with the State Government for a month now and finally thrashed out an agreement over the weekend. Under the terms of the agreement, the State Government will hand over the land by November. "The company wants to action its India plans as quickly as it can and what swung the deal in Maharashtra's favour is the fact that we were able to locate the right land for them and allot it within a month," the sources said. "The company is planning to start production by November 2007." The company will invest an estimated Rs 2,500 crore in the facility and will initially manufacture small cars for the market, eventually broadening its portfolio to include models for other segments. The Chakan industrial estate is already home to Bajaj Auto, which has located a motorcycle plant and recently acquired 250 acres for a greenfield plant to manufacture three- and four-wheelers. The deal comes just over a month after General Motors announced that it would be setting up its Rs 1,300-crore second plant in India at the Talegaon industrial estate. With Tata Motors and Fiat now inking a joint venture to make cars at the latter's facility at Ranjangaon near Pune, the region is developing into the auto industry's golden triangle. The German company is believed to have been in talks with the Tamil Nadu and Punjab Governments for locating its facility. Taken from Business Line thehindubusinessline.in |
| Volkswagen Mulls Major Indian Factory Car sales in India are booming. But with high tariffs on imports, the market has been hard for European companies to penetrate. Now Germany's Volkswagen wants to build a factory to serve the domestic market.  AP Already successful with cheap, stripped down models of its cars in Brazil, Volkswagen wants to open up a factory in India -- the world's second largest growth market for car buyers. Volkswagen is planning to invest €400 million to build a new factory in India. The final decision is likely to come at the next meeting of VW's board in September. But it's a move that is expected to generate massive controversy -- not least of all because Volkswagen's European factories are currently operating at under capacity. The company is even considering closing plants in Spain and Belgium -- a move that would result in mass layoffs. Nevertheless, VW's top executives are convinced that the automaker needs to open up shop in India -- the world's second most important growth market after China. European automobile companies have had little success with exports to India because of the country's exorbitant import tariffs. The planned plant would be used to create cars specifically for the domestic market. Among the ideas being discussed are plans to create a no-frills, stripped down version of the VW Polo or the VW Golf, which is manufactured in Brazil. To make the car affordable for Indians with modest wages, the company plans to build models without features that would be standard in Western markets -- like power steering and side air bags. dsl/spiegel |
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Originally Posted by rahul_intlad Vw to come to india shortly and they are bringing a small car initially from: economictimes.com Talking on the sidelines of SIAM’s Indo German Symposium, Mr Wolfgang Steiger, group research director-powertrain, Volkswagen, said, ”Volkswagen will announce its India plans pretty soon...within weeks.” He, however, did not clarify whether the company has already acquired the land for the greenfield plant. “We are looking at making a small car initially,” he added. Volkswagen’s Indian plant has been the subject of a great deal of speculation. Among the prospective locations were Andhra Pradesh in general and Vizag in particular, Haryana (the Gurgaon-Manesar auto hub) and later Maharashtra. |
| the company plans to build models without features that would be standard in Western markets -- like power steering and side air bags. |
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