Volkswagen to launch Beetle on December 4

Image
BS Reporter Mumbai
Last Updated : Jan 20 2013 | 12:21 AM IST

German car maker Volkswagen is launching its internationally renowned model Beetle in India on December 4 in a grand event to be held in Mumbai. However, buyers keenly awaiting the launch should also expect its price to burn a hole in their pockets.

The company has not officially disclosed the prices yet, but industry insiders say the car will be available in the range of Rs 19-20 lakh, even for the basic variant. The company sells the Beetle in five variants internationally, across Europe, the US and other countries.

Even though Volkswagen is not looking at huge volumes from the Beetle in India, the idea, according to company officials, is to promote the company’s brand name, as all of its future models, including compact cars and sedans, are heavily dependent on it. A similar ploy was engaged by Italian auto major Fiat when it launched the Fiat 500 in the middle of last year. Fiat has followed it up with the launch of a hatchback and a sedan.

The company will have to pay a duty of almost 110 per cent as import duties on the Beetle, which will effectively double the cost of the two-door, four-seater car. It is available in petrol as well as in diesel fuel option with five engine variants overseas. It will be imported to India from the company’s Mexican plant.

The Beetle, fondly called the people’s car, is one of the most successful models of Volkswagen as it was positioned as a compact economy car.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 25 2009 | 1:26 AM IST

Next Story