Increased input costs means Volkswagen hiked the price of their Vento diesel. The price will go up by 2.2 per cent and will be effective from the 1st of July, 2011. Volkswagen has declared that there will be no increase in price in the petrol variants of the car though.
Commenting on this, Mr. Neeraj Garg, Member of Board & Director, Volkswagen Passenger Cars, Volkswagen Group Sales India Pvt. Ltd. said “The Vento diesel has been well accepted in the market since its launch in September 2010. Its quality, build and drivability have won the Vento many accolades. We want to continue maintaining the same standard and quality for our customers; however we have seen no relent in the input costs over several months now which has forced us to increase the cost of the Vento.”
He added “On the other hand we are fully aware that customers who prefer the petrol variants are already faced with the burden of increased fuel costs and therefore we have decided to continue absorbing the additional costs for our petrol variants.”
All customers who book the Vento Diesel Variant until June 30, 2011 will be able to avail the car without the price increase while those who opt for selected variants of the Vento Petrol Variant will be able to get their favourite car at a reduced interest rate of 6.99 percent starting June 2011.