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| Volkswagen rules out plans of alternate fuel tech in India |
| Vimukt Dave / Mumbai/ Rajkot Nov 10, 2009, 00:57 IST |
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German car maker Volkswagen has ruled out any possibility of working on alternate fuel engine technology following the footsteps of other international car majors like Suzuki and Mercedez which too have operations in India.
“We have no any plans to develop CNG, LPG based or bio fuel engine for Volkswagen. We will be continuing with the current models. As we are new for Indian market, we do not want to focus on any other thing but to establish ourselves in the market”, said Neeraj Garg, member of board and director, Volkswagen Passenger Car, India.
Companies like General Motors, Maruti Suzuki India Ltd and Mercedez Benz India are developing CNG and LPG fuel engine for their cars as rising fuel cost is now a major issue.
Mercedes Benz has in the past developed bio-diesel engine in collaboration with Bhavnagar-based Central Salt and Marine Chemical Research Institute (CSMCRI). However,Volkswagen which came to India just two years back and has already invested Rs 3800 crore in its India operations, has no any plan to invest in alternate fuel engine technology. The company is all set to launch new model POLO in first quarter of the 2010.
Garg claimed that the company is looking at doubling its sales growth this year. “Our experience has been very well even during the slowdown,especially in the year 2009. Sale of our cars has seen a strong boost during the festival period this year”
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