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Mumbai, Jan 2 (PTI) The Indian arm of the German automajor Volkswagen has crossed 1.50 lakh vehicles production ina year at its Pune facility, rolling out 1,50,150 units ofcars in 2017 driven by sedan Vento, which accounted for almosthalf of the total production.The total production (domestic and exports) stood at1,50,150 units in the previous, as compared to 1,145,145 unitsproduced in 2016, the company said today.Volkswagen group has two manufacturing plants at Puneand Auranagabad with two-lakh units and 89,000 capacities perannum, respectively.Besides manufacturing hatchback Polo and compactsedans Ameo and Vento for Volkswagen, they plant alsoproduces Skoda Rapid for the subsidiary company Skoda India.In addition to the cars, the company assemblesthe 1.5-litre diesel engine at the same facility.Registering a growth (nearly 3.5 per cent) inproduction over the last year, Volkswagen India’s Pune planthas now recorded its highest ever annual production since itsinception in 2009, the company said."Volkswagen India has once again registered positivegrowth. Volkswagen is committed to India. We believe in thepotential of this market and we are setting ourselves up as aserious competitor for the future," Volkswagen India Pvt Ltdpresident and managing director, Andreas Lauermann said in arelease.The contribution towards the increased volumes comesfrom a combination of higher demand from the domestic as wellas export markets where the cars 'Made in India' have been asuccess, the release said.During the year, the plant produced 57,000 units ofvehicles for the domestic market as compared to 60,500 unitsmanufactured in 2016.The exports production stood at 93,100 units at theend of December 2017 as against 84,500 units in 2016,Volkswagen said.The production of export units which includesVolkswagen Polo and Vento stood at over 93,100 cars, therelease said, adding the Vento was the highest produced car in2017, contributing to more than half of the total production.Volkswagen has so far invested Rs 5,720 crore (€ 825 million) in the Chakan facility at Pune, which has has achieved a localisation level of up to 82 per cent(without engines and transmissions), the company said.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)
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Volkswagen India crosses 1.5 lakh units in vehicle prodn
Mumbai, Jan 2 (PTI) The Indian arm of the German auto major Volkswagen has crossed 1.50 lakh vehicles production in a year at its Pune facility, rolling out 1,50,150 units of cars in 2017 driven by sedan Vento, which accounted for almost half of the total production.
Mumbai, Jan 2 (PTI) The Indian arm of the German automajor Volkswagen has crossed 1.50 lakh vehicles production ina year at its Pune facility, rolling out 1,50,150 units ofcars in 2017 driven by sedan Vento, which accounted for almosthalf of the total production.The total production (domestic and exports) stood at1,50,150 units in the previous, as compared to 1,145,145 unitsproduced in 2016, the company said today.Volkswagen group has two manufacturing plants at Puneand Auranagabad with two-lakh units and 89,000 capacities perannum, respectively.Besides manufacturing hatchback Polo and compactsedans Ameo and Vento for Volkswagen, they plant alsoproduces Skoda Rapid for the subsidiary company Skoda India.In addition to the cars, the company assemblesthe 1.5-litre diesel engine at the same facility.Registering a growth (nearly 3.5 per cent) inproduction over the last year, Volkswagen India’s Pune planthas now recorded its highest ever annual production since itsinception in 2009, the company said."Volkswagen India has once again registered positivegrowth. Volkswagen is committed to India. We believe in thepotential of this market and we are setting ourselves up as aserious competitor for the future," Volkswagen India Pvt Ltdpresident and managing director, Andreas Lauermann said in arelease.The contribution towards the increased volumes comesfrom a combination of higher demand from the domestic as wellas export markets where the cars 'Made in India' have been asuccess, the release said.During the year, the plant produced 57,000 units ofvehicles for the domestic market as compared to 60,500 unitsmanufactured in 2016.The exports production stood at 93,100 units at theend of December 2017 as against 84,500 units in 2016,Volkswagen said.The production of export units which includesVolkswagen Polo and Vento stood at over 93,100 cars, therelease said, adding the Vento was the highest produced car in2017, contributing to more than half of the total production.Volkswagen has so far invested Rs 5,720 crore (€ 825 million) in the Chakan facility at Pune, which has has achieved a localisation level of up to 82 per cent(without engines and transmissions), the company said.
(This is an unedited and auto-generated story from Syndicated News feed, LatestLY Staff may not have modified or edited the content body)