Ulrich Hackenberg said in an interview “In India we build the Vento and a local version of the Polo that only costs around 7,000 euros (S$11,800). In China we are planning a more affordably priced car in the size of a Seat Toledo.”
“There is a market segment between 5,000 euros and 7,000 euros, which is a real challenge,” he added.
The most basic VW Polo, the 1.2-litre Trendline petrol version offered also in white or blue, starts retailing in Germany at 12,450 euros comprising VAT tax.
Hackenberg said that no decision had been made whether such a car, most expected a generous sedan that could also be built in a van body style, would be manufactured with a Chinese partner.