The Next Big Thing from Volkswagen

May 30
03:41

2024

girish babu

girish babu

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Volkswagen is gearing up to make a significant impact in the small car market with the launch of its new model, the Volkswagen Up. This article delves into the specifics of the Volkswagen Up, its pricing, specifications, and how it stacks up against competitors. We also explore the broader context of Volkswagen's strategy and the competitive landscape in the small car segment.

Volkswagen Up: A New Contender in the Small Car Market

Volkswagen is set to introduce its new small car,The Next Big Thing from Volkswagen Articles the Volkswagen Up, at the January 2012 Auto Expo in India. This launch marks Volkswagen's entry into the competitive small car market, where it aims to challenge established players like Maruti Suzuki. The Volkswagen Up is expected to be priced between Rs 3 to 4 lakh, making it a more affordable option compared to the Volkswagen Polo.

Pricing and Specifications

The Volkswagen Up will be available in multiple variants, each catering to different customer needs. In the United Kingdom, the Up is offered in five models: Take up!, Move up!, High up!, up! Black, and up! White. The base model is priced at £7,995 (approximately Rs 6 lakh), while the high-end variants can cost up to £11,180 (around Rs 8 lakh). Deliveries are scheduled to begin in January 2012.

Model Price (UK) Price (INR)
Take up! £7,995 Rs 6 lakh
Move up! £8,995 Rs 6.75 lakh
High up! £10,000 Rs 7.5 lakh
up! Black £11,180 Rs 8 lakh
up! White £11,180 Rs 8 lakh

Performance and Features

The Volkswagen Up is designed to offer a balance of performance and efficiency. The car is equipped with a modest 59bhp engine, which can reach a top speed of 100mph and accelerate from 0-62mph in 14.4 seconds. The car's CO2 emissions are 105g/km, and it features a BlueMotion version with a stop/start system, overrun-biased alternator battery recharging, and eco tyres, delivering low emission figures of 67.2mpg and 97g/km.

Competitive Landscape

Volkswagen's entry into the small car market is not without competition. Maruti Suzuki, a dominant player in this segment, is also gearing up to defend its market share. Maruti Suzuki's A-Star and Alto K10 are direct competitors to the Volkswagen Up. Additionally, Skoda, a Volkswagen cousin, is set to launch its own small car, the Skoda Citigo, which shares the same platform as the Up. The Citigo is expected to be priced between Rs 2.5 to 3.5 lakh, making it a more affordable option.

Maruti Suzuki's Strategy

Maruti Suzuki is not resting on its laurels. The company is in talks with Fiat to develop a diesel engine car, expected to launch in the next two months. Maruti Suzuki has also ramped up production at its Manesar plant, which had been affected by a recent strike that caused a production loss of up to 20,000 units. This disruption impacted popular models like the Swift and Swift Dzire.

Global Availability and Market Impact

The Volkswagen Up has already made its debut in the United Kingdom in October 2011. The car's introduction in India is part of Volkswagen's broader strategy to capture a significant share of the global small car market. The Up is expected to compete with other premium small cars in India, such as the Maruti Swift, the upcoming Renault Pulse, and the Nissan Micra.

Interesting Stats

  • The global small car market is expected to grow at a CAGR of 5.5% from 2021 to 2026, driven by increasing urbanization and demand for fuel-efficient vehicles (Source: Mordor Intelligence).
  • In 2020, Volkswagen sold over 5.3 million vehicles worldwide, making it one of the largest car manufacturers globally (Source: Statista).

Conclusion

The Volkswagen Up represents a strategic move by Volkswagen to capture a share of the competitive small car market in India and globally. With its affordable pricing, efficient performance, and a range of variants, the Up is well-positioned to challenge established players like Maruti Suzuki. As the small car market continues to grow, Volkswagen's entry with the Up could significantly impact the competitive landscape.

For more information on Volkswagen's global strategy and market performance, you can visit Volkswagen's official website.