Volkswagen AG plans to introduce two more sedans in
India this year and produce 110,000 cars a year there from 2009,
when a new plant begins operations, the German automaker said
Consumers in India will soon be able to buy the Jetta and the
Phaeton luxury sedan, Volkswagen India Pvt. Ltd. President Joerg
Mueller said Wednesday. The Jetta will be priced at 1.4 million
India rupees (C$37,000).
``We are in a starting phase for India. Jetta will be assembled
at Aurangabad from the middle of this year,'' Mueller told reporters
at a news conference at Auto Expo 2008.
Volkswagen introduced its Passat sedan in India in September
2007. It is currently assembled at the Skoda Auto India plant in the
western state of Maharashtra.
Cars planned for production at the new plant include a hatchback
based on the Polo and the Fabia hatchback model.
Volkswagen also said it will begin to make small cars at the new
plant from 2010, joining the growing list of foreign automakers
looking at the high-volume domestic small-car segment.
On Tuesday, Ford Motor Co. said it would double production in
India with a US$500 million investment and begin making an
A significant part of Ford's investment will go into developing
new products, including a new small car, within two years and an
engine manufacturing facility by 2010, the company said. The company
aims to start manufacturing 50,000 engines within two years and then
scale up production in phases to 250,000 engines, the company said.