Volkswagen group marked its 10th year in India with 109.3% growth to sales of 111,623 vehicles across three brands in 2011 compared with 53,341 in 2010. Market share rose to 4.9% from 2.5%.
Last year also saw the Chakan assembly plant in Pune build its 50,000th and 100,000th cars and local content rise from 60% to 73%. Ten new models took the Indian line to 21 and 56 new dealers hiked the tally to 219.
Go deeper with GlobalData
The Volkswagen brand delivered 76,107 cars in 2011, up 151% year on year. Škoda sales rose 49.9% to 30,005 cars and Audi volume was up 83.5% to 5,511.
VW’s local chief, John Chacko, said: “Despite the volatile market condition, [we] achieved a high growth in 2011. The rise in production and sales figures signifies the growing acceptance of the group in the Indian market.”
