Volkswagen India aims for a 10% market share in six years
August 28th, 2009 Leave a comment Visited 54 times, 3 so far today
Volkswagen India aims for a 10% market share in six years
General Motors India has already indicated that they are unlikely to meet their initial target to achieve a 10% market share in India by next year.
Now, Volkswagen has announced that they too are aiming to achieve a 10% market share in India in the next six years.
Indian automobile market is largely dominated by small cars. As a result Maruti Suzuki has a dominating share close to around 50%.
Hyundai and Tata Motors are also pretty strong mostly due to their small car portfolio.
Volkswagen has been working on launching some small car models in the Indian market. Polo and Up are two models which are scheduled to arrive here.
The company also confirmed that they are all set to bring the legendary Volkswagen Beetle to India by the end of the current year.
Automobiles, Automobiles, Cars, India, Volkswagen, Volkswagen India, Volkswagen Beetle, Volkswagen Polo, Volkswagen UP!
Somanshu
Category: Uncategorized
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