The newly solid Volkswagen Group - Suzuki alliance plans to broaden a brand new low value small automobile for India as well as Europe and other markets, the Economic Times reported on Friday. The commercial enterprise every day stated that the brand new vehicle, to be able to act as a replacement for Suzuki's Alto, might fee among two hundred,000 and 250,000 rupees in India, which involves about $4,300 - $five,three hundred or ?2,900 - ?3,600 at contemporary trade charges.
This approach that the projected charge for the VW/Suzuki version, is double the price of Tata Motor's Nano, that is the arena's cheapest car.
"We will want a vehicle within the Rs 2.Five-lakh apiece variety. First we had the M800, then the Alto. At a few factor we are able to need a alternative for the Alto. That charge variety is the entry level for Indian customers today, so we can't go away that section open," Maruti Suzuki chairman RC Bhargava told the newspaper.
The Economic Times reported that in Europe, the auto would healthy proper below Volkswagen's impending Up! Model.
"Volkswagen will be significantly inquisitive about a car underneath the price section of the Up, which we've already displayed in India, and this is something we can want to check in our future together with Suzuki," VW spokesman, Fabian Mannecke, told ET.
The newspaper brought that during Europe, the VW/Suzuki small car would be priced properly underneath the nonetheless below development Up! (which it claims will deliver a price tag of around $eight,800 or ?6,000 in Old Continent), at around $four,000 to $5,000 or ?2,seven-hundred to ?3,400.
We're assuming that ET made a few type of typo within the fee range as there is no manner that the VW / Suzuki small automobile may be priced lower in Europe that in India.
And even as Tata Motors proves that the whole lot's feasible in India, come what may we discover it tough to accept as true with that the 2 automakers could be able to broaden a automobile that meets the strict emissions and crash standards in Europe and at the identical time carry a rate tag of around ?Three,000...
Via: Economic Times - Car Pictured Above: 2009 Suzuki Alto Concept
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