World’s biggest & Trusted car manufacturer of 2016
Despite its emission scandal, recall of several cars under the group and a heavy loss, Volkswagen beat Toyota to emerge as the world’s biggest car manufacturer in 2016 producing 10.31 million units as opposed to Toyota’s 10.18 million.
Volkswagen’s sales grew at a global rate of 3.8% which was mainly led by its sales in China which increased by more than 12%. However, it cannot be called the most profitable car manufacturer due to its big losses.
New cars from Volkswagen are anticipated to be launched in India in 2017:
- Volkswagen Up – Expected to be priced around Rs.3.5 lakhs, this is a hatchback which will compete with the likes of Maruti Suzuki Alto
- Volkswagen T-Roc – Price starting from around Rs.12 lakhs, this car is a 2-door SUV and is expected to be launched with a 2.0 litre diesel engine. It will also have a removable sun-roof
- Volkswagen Tiguan – This will be a compact SUV falling in the price range of Rs.25 lakh to Rs.30 lakh
The compact SUV segment is growing, attracting a large share of customers and many companies are focusing here. If you too are looking to buy a car in this segment, do let us know and we will provide you with the latest developments and help you buy the car that fits your needs! J
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