German carmaker Volkswagen on Tuesday said it will hike prices of hatchback Polo and mid-sized sedan Vento by up to 3 per cent from September 1.
The upward revision in prices has been undertaken because of the rising input costs, Volkswagen Passenger Cars India said in a release.
Volkswagen Passenger Cars India will increase prices, from September 1, across its flagship models Polo and Vento, in lieu of the rising input costs. The price revision will be up to 3 per cent and 2 per cent across the variants of Polo and Vento, respectively, the carmaker said.
The price increase will not be applicable on the GT variant of the Polo carline, it said.
As part of its commitment towards customers, Volkswagen will offer protection from the price increase to customers, who have booked their vehicles by August 31, it added.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)