VW to increase the production of Polo

Polo, the exotic product of Volkswagen has a tremendous response in the Indian market. The Polo has the following features:

Volkswagen Polo is offered both in petrol and diesel engine and it is of three types.

  • 1.2L Petrol – 75 bhp of power – 110 Nm of torque
  • 1.2L Diesel – 75 bhp of power – 189 Nm of torque
  • 1.6L Petrol – 105 bhp of power – 153 Nm or torque

The VW Polo has electronic anti theft immobiliser, central locking, power door locks, power steering, power windows. The 1.6L highline will come with a 15″ alloys, ABS, dual airbags chrome interior trims, premium upholstery and cloth door trim, front and rear fog lamps, rear defogger and rear wiper.

VW Polo has set a trend in Indian Market, keeping this in mind VW has decided to increase its production to gain more customers in India. The expected price tag would be from Rs.4.34 to Rs. 6.70 Lakhs.
However, competitors like Ford and GM who have been selling whopping nos. of their small cars, Volkswagen may not be able to scale up the production at a high level.

Chrysler and GM bankruptcy – No impact on TCS and Wipro.

The media has been making wild guesses about the impact of Chrysler and GM bankruptcies. Economic Times went on to say how Infosys will be impacted along with TCS in case of Chrysler bankruptcy, the news made one point very clear the Media lives and thrives on speculation and Rumors. The fact that Infosys withdrew from Chrysler almost a year back and only TCS and Syntel are Chrysler’s vendors was probably not known the speculator from Economic times.

And in terms of impact Chrysler included TCS in its critical supplier list and All TCS payments were cleared by bankruptcy courts. There has been no ramp down after the bankruptcy as these companies had already planned out these things. Also TCS has started getting more work in terms of renaming the Chrysler in its applications and preparing for the Fiat alliance.

This could be the case with GM, the Government is helping these companies clean the slate in terms of Debts and nothing more. So If at all there is any impact it could be positive on the Indian vendors in long term.