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Volkswagen To Launch Compact SUV, Mid-Size Sedan By 2021

Volkswagen To Launch Compact SUV, Mid-Size Sedan By 2021

Snapshot: A compact SUV will be launched first followed by a mid-size sedan

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In a bid to fuel its sales and expand market share, the local arm of German conglomerate, Volkswagen is planning to add new products to its line-up. Reports in media are rife that, Skoda, a wholly owned subsidiary of Volkswagen will develop volume models for India and other emerging markets. It is suggested that Skoda has submitted a plan for approval by the VW board and if it gets a green signal, Volkswagen will invest a whopping €1 billion in the Indian market. The capital will be utilized for a new assembly line, a new R&D centre for developing products in India, marketing and improving after sales service.

According to the plan, four models will be launched including two each under Volkswagen and Skoda brands.  These models are expected to be based Volkswagen’s MQB platform, albeit pricing is expected to be competitive with maximum localisation. It is expected that a compact SUV will be launched first, followed by a mid-size sedan. The first product is likely to break covers in India by 2021.

The company recently launched a new extended warranty programme that extends the standard two-year warranty for three additional years. In addition to this, Volkswagen is also offering a new one-year Service Value pack which comprises complimentary pick-up and drop the vehicle inspection, engine check-up, special pricing on wheel alignment and balancing, minor body and paint jobs and a 3M interior enrichment treatment. Aside from the aforementioned services, it is also offering discounts on 40-point monsoon check and select spare parts and accessories. Around 1000 customers stand a chance to win cash coupons and only five customers could win an additional year of service with the purchase of a Service Value pack. It is to be noted that the extended warranty, Service value pack and other offers are valid only for a limited time (August 15).

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