The German car maker Volkswagen plans to build a ultralow-cost car specifically for the emerging markets like China, Brazil and India — based on the Up concept. It is expected to be priced in the Rs. 3-5 lakh bracket and will feature engines from the Polo.
The Up is the replacement for the Lupo which was a popular small car in South America. When launched in India, the Volkswagen Up will compete with the Hyundai i10 and the Maruti Suzuki WagonR. The small car under Polo will give the company more volumes and also help the company to increase its market share. Currently in India, Polo is the cheapest and smallest car offered by the VW.
The Volkswagen Up will also share its platforms with its cousins from Skoda and Seat. The Up platform will spawn the Skoda Youngster and the Seat Arosa, both of which will have the underpinnings of the Up. The Up platform will also be used to make a sedan and MPV which might also make it into India, competing with the Toyota Etios and the Mahindra Xylo respectively.
Volkswagen can we expect the new small car at the 2012 Delhi Auto Show?
Also see – Volkswagen Small Car for India
More pictures of Volkswagen Up –