Volkswagen Starts Vento Production From Pune
Volkswagen India has started the production of its Vento cars from its Chakan plant in Pune today. This is the 18th model from the group in India and the third product from Pune plant.
Mr Joerg Mueller, President and Managing Director, Volkswagen India Private Limited was present on the occasion.
This mid-sized sedan is the first car from the Volkswagen group which has been designed for the upper class Indian customers. These cars will be exclusively manufactured in India.
On the occasion of the launch, Mueller said, “India is a strategic long-term growth market for the Volkswagen Group. The start of production of the Vento is more than just the roll-out of a car. Not only does it mark another milestone in our journey together into a successful future for the Volkswagen Group but also reiterates Volkswagen’s commitment to India. In fact, in the last 3 years, the Volkswagen Group has launched a new model in India every two months which reflects our strong belief in the potential of the market here.”
Volkswagen Group is eyeing to grab 8-10% of market share in the next five years through its brands like Audi, Skoda and Volkswagen.
Mr Mueller also said, “These products – and in particular the Volkswagen Polo and Volkswagen Vento – will help Volkswagen increase its market share in this rapidly growing market significantly. Volkswagen is also in line with the planned ramp-up curve of achieving the full annual production capacity of 110,000 cars at the plant by end 2011.”
Volkswagen had earlier launched its compact car Polo in February this year.