October turned out to be a reaping moth for Volkswagen, as the company fetched an all time sale- a growth of 38% than the last year. The VW is in a bid to improve its share to 8% by 2014 and this sale of October has become a morale booster, said its Chief. The range of VW includes Skoda, Audi and Lamborghini for India which has got 1.5 % market share.
The company would roll out its next sensation Beetle in December followed by a small car Polo in the new year. There is an investment of Rs600 crore for a plant near Chakan to have a production capacity of 1.1 lakh a year. Once the operations start from March, by 2012 the plant will have a full capacity.
There will be sports utility vehicle from VW Touareg and a luxury sedan Phaeton both as a completely built in unit.