| German automaker Volkswagen will be pulling all the | | | | facility. A VW spark plug ignites even brighter as the |
| stops on its India venture. Next year, the automaker will | | | | automaker announces its plan to unveil the Jetta, a |
| be rolling out the Jetta sedan from Skoda's | | | | Golf hatchback based on the A5 platform. The Jetta |
| Aurangabad plant. | | | | features trusted auto parts accessories that made the |
| The VW Jetta will be assembled in the plant using | | | | German automaker renowned worldwide. The car will |
| completely-knocked-down kits from Puebla, Mexico. | | | | be flaunting better styling, trim, and interiors. |
| The automaker said that the operation will continue until | | | | According to the automaker, the name Jetta is inspired |
| 2009 when it plans to move to its own Rs plant in | | | | by "jet stream" and has been in production for 27 |
| Pune. The 2,450-crore plant has an annual capacity of | | | | years. The Jetta is likely to be launched both in the |
| 110,000 units. The company will invest approximately | | | | petrol and diesel versions and priced between Rs 7 |
| Rs 2,500 crore in this facility. | | | | lakh and Rs 9 lakh. About two lakh cars were sold in |
| Andreas Prinz, the managing director of Volkswagen | | | | the midsize segment in India in the last financial year. |
| India, told Business Standard that the mid-size car | | | | The company is likely to opt for a 1.6-litre engine as |
| would be priced competitively and it will be aligned with | | | | part of its petrol lineup, using the automaker's patented |
| the likes of the Honda City. This places it in the Rs 7 | | | | FSI technology. |
| lakh to Rs 9 lakh bracket, which has models like the | | | | For diesel engines, VW is likely to borrow the 1.9-litre |
| Hyundai Verna, the Maruti Suzuki SX4 and the Ford | | | | TDI engine from Skoda, as found in its Octavia model |
| Fiesta. The segment recorded sales of 200,000 cars | | | | in India, Business Standard revealed. The Euro III ready |
| last fiscal. | | | | engine will allow Volkswagen to price the car |
| Prinz added that the company plans to price this car | | | | competitively. The German automaker might adopt |
| competitively for the Indian market. VW is going to | | | | different trim models with top-end versions of petrol |
| challenge existing product lines in this segment including | | | | and diesel featuring anti-lock braking system and |
| Hyundai Verna, the Maruti Suzuki SX4 and the Ford | | | | airbags as standard. |
| Fiesta. | | | | Industry sources suggest that VW has recently |
| The German automaker is pushing for rapid | | | | implemented a new global sourcing plan that rewards |
| development in India since it feels it was missing out on | | | | suppliers who achieve lower price targets by making |
| growth opportunities in the territory due to its focus on | | | | them part of new model strategies. This might mean |
| other markets especially China. VW has three | | | | Indian suppliers for the Jetta can be a part of VW's |
| dealerships in India and is now opening more | | | | global supply chain. |
| countrywide. | | | | Additionally, VW has recently set up a sales company |
| The VW Passat, the first Indian-assembled car, will be | | | | called Volkswagen Group Sales India Private Limited in |
| launched on September 5 from the same Skoda | | | | Mumbai to concentrate on the Indian market. |