New Delhi: Car maker Volkswagen Monday said it has hiked the prices of its hatchback Polo and sedan Vento by up to 2.27 percent with effect from Monday.
Post the increase in rates, the Polo will now be cost between Rs 4.92 lakh and Rs 7.08 lakh, while the Vento will be priced at Rs 7.32-9.96 lakh (ex-showroom, Delhi).
"Volkswagen Monday announced the increase in prices of its volume carlines the Polo and Vento effective Monday. The increase in prices comes against the backdrop of additional features incorporated in both the carlines," the company said in a statement.
The Polo and Vento will now be sporting features like advanced music system with bluetooth, USB and climatronic air conditioner among others.
"These carlines will see an increase in prices up to 2.27 percent," Volkswagen said.
Commenting on the increase, Volkswagen Passenger Cars Managing Director Arvind Saxena said: "Our aim has always been to give our customers a good value proposition and once again we are glad to be able to offer a good reason for them to buy these carlines."
The company sold 62,507 units of Polo and Vento in 2012.