New Delhi: German carmaker Volkswagen on Thursday said it will hike prices of its hatchback Polo and mid-sized sedan Vento in India by up to 2.5 per cent from next month.
The company joins other automobile manufacturers such as Maruti Suzuki India, Nissan, Renault India, Honda Cars, Mahindra & Mahindra, Ford India, Isuzu, BMW India, Audi India and Hero MotoCorp, which have already announced that they would hike prices from January due to increased input costs.
“Effective January 2021, Volkswagen India announces a price revision of up to 2.5 per cent across the Polo and Vento models in lieu to the rising input costs,” a spokesperosn of Volkswagen Passenger Cars India said in a statement.
The company sells Polo and Vento with price starting from Rs 5.88 lakh and Rs 8.94 lakh, respectively.
Be Part of Quality Journalism
Quality journalism takes a lot of time, money and hard work to produce and despite all the hardships we still do it. Our reporters and editors are working overtime in Kashmir and beyond to cover what you care about, break big stories, and expose injustices that can change lives. Today more people are reading Kashmir Observer than ever, but only a handful are paying while advertising revenues are falling fast.