German automaker Volkswagen Passenger Cars India on Thursday announced that effective 1st January 2022, the brand will increase prices of Polo, Vento and Taigun, due to the rising input and operational costs.
The price revision will be ranging from 2% - 5% depending on the carline and the variant. However, the price hike will not be applicable to the exciting new Tiguan, which was launched in India recently, the company said in a statement.
Ashish Gupta, Brand Director, Volkswagen Passenger Cars India, said that due to the substantial increase in the input and operational costs, the company has decided to hike the prices of the product offering, keeping the impact on customers at a minimal level.
Volkswagen currently offers Polo, Vento, Taigun and Tiguan for the Indian market. It will introduce a new global sedan, the second product under the India 2.0 project based on MQB A0 IN platform, in early 2022.