Very few knew the actual condition of Volkswagen profit ratio – flown from its own brand, which is believed isn’t in a good shape across India. Taking on the fact that the acquired Skoda is also not a good performer in this country for buyers of masses, VW too didn’t manage to sustain the ratio of profit from passenger cars quite notably for the past many months.
Soon, tranquilized with the new Jetta and Vento Magnific to post better numbers than before, it seems on the successful note now as registered 18% growth in April 2015 with 3,572 as against the 3,033 cars sold in April last year. Furthermore, the 4-star NCAP safety ratings also gained confidence in the buyers for VW to cruise further.
Speaking about the positive response, Michael Mayer, Director of Volkswagen Passenger Cars, Volkswagen Group Sales India Private Limited said, the organization is happy to post positive results achieved with the favourable conditions of Indian automotive industry. Customers too remained a factor of encouragement, and the response to DSG-equipped trim of Vento as well as Polo GT resulted as profitable gains. The growth attained at VW was commendable as per the industry’s standards.
