Volkswagen has announced that effective July 1, 2011, the prices of Vento diesel variant will be hiked by 2.2 percent. This comes as a result of continually increasing input costs. The customers who book the Vento diesel until June 30, 2011 will be able to avail the car without the price increase.
At the same time, the company has left the petrol variants untouched, and they will continue to be sold at the current prices. Volkswagen further said it would offer a reduced interest rate of 6.99 percent starting June, 2011, on select variants of the Vento petrol version.
Commenting on this, Mr. Neeraj Garg, Member of Board & Director, Volkswagen Passenger Cars, Volkswagen Group Sales India Pvt. Ltd. said “The Vento diesel has been well accepted in the market since its launch in September 2010. Its quality, build and drivability have won the Vento many accolades. We want to continue maintaining the same standard and quality for our customers; however we have seen no relent in the input costs over several months now which has forced us to increase the cost of the Vento.”
“On the other hand we are fully aware that customers who prefer the petrol variants are already faced with the burden of increased fuel costs and therefore we have decided to continue absorbing the additional costs for our petrol variants,” he added.
Also see – Volkswagen Vento IPL 2011 Special Edition