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Volkswagen won't hike car prices by much once BS VI norms kick in: MD

Knapp said that for starters, diesel VW cars would be eliminated altogether from the company's line-up of cars that presently include Passats

Volkswagen not to hike prices once BS VI regulations become norm: CEO
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Steffen Knapp

Pavan Lall
In an increasingly tough market, small volume foreign car-makers trying to boost market share face twin challenges of trying to grow sales while grappling with an auto downturn in an environment where regulation-related costs are eating into margins. Case in point: Honda Cars India saw its volumes decline by 30 per cent for October. They weren't alone. Toyota Kirloskar Motors also saw volumes contract, albeit by a smaller 5 per cent. For the Volkswagen brand, which is led by Skoda Auto Volkswagen India, the results have been better with a 20 per cent jump in the last month's sales. However,

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