There is bad news for the customers dreaming of buying a new car in the festive season. After the country’s leading car company Mahindra and Hyundai, now Volkswagen has also decided to increase the prices of its cars. According to reports, the company has announced to increase the price of cars sold in India by up to two percent. The increased prices will be applicable from October 1. Volkswagen sells three models in India – Taigun SUV, Virtus Sedan and Tiguan Premium SUV. For the time being, it is certain that even in the festive season, inflation will not leave the customers behind.
reason for rising cost
Volkswagen has attributed the ever-increasing cost as the reason behind the hike in prices. According to the company, it has become very important to decide to increase the prices of the car. Let us tell you that the company's most expensive car in India is the Tiguan, whose ex-showroom price starts from Rs 32.79 lakh.
The ex-showroom price of Volkswagen Taigun SUV in the Indian market starts from Rs.11.39 Lakh. On the other hand, the Volkswagen Virtus sedan is the company's cheapest car, with an initial ex-showroom price of Rs 11.22 lakh.
good performance of volkswagen cars
Earlier this year, Volkswagen had reported that the Virtus sedan has received a good response despite the sluggish demand for the sedan in the country. According to HT Auto, the company's brand director Ashish Gupta told about the Taigun SUV launched in 2021 that it is still doing well. Let us tell you that both these models are being made in India under the India 2.0 project.
Festive season hit
Volkswagen has announced to increase the price, but it is not clear how much more customers will have to pay. Most of the shopping takes place during the festive season in India. The country's car market also remains a rage. But the decisions of auto companies to increase the prices have given some shock to the customers. On such occasions, they wait for discounts and discounts.
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