Volkswagen Collaborates with Orix to Provide Car Leasing Services

Volkswagen India have signed a MoU with the Orix Auto Infra to offer leasing solutions to the Indian customers. Know more.

Volkswagen collaborates with Orix Auto Infra to provide car leasing services. Here’s what you need to know.

Contents of this post-

  • Cities where the retail leasing solution will be provided
  • Insurance to be included in the Retail Leasing Solution
  • Pricing for the monthly lease rental
  • What does the signing of MoU means?
  • Volkswagen to introduce BS-VI compliant versions

Cities where the retail leasing solution will be provided

Orix is a wholly owned subsidiary of Orix Corporation which is based in Japan. Moreover, Orix and Volkswagen has collaborated to provide a retail leasing solution, which will initially be offered in six cities-

  • Delhi
  • Mumbai
  • Pune
  • Chennai
  • Hyderabad
  • Bengaluru

The program is expected to be extended to other cities as well.

2019 Volkswagen's New Logo

Insurance to be included in the Retail Leasing Solution

This collaboration includes a retail leasing solution which will also include the insurance

  • Volkswagen’s 4EVER Care program
  • Four-year standard warranty & RSA
  • Vehicle registration

The Volkswagen customers will also get the choice for the leasing solution with or without maintenance, depending upon their requirements.

Pricing for the monthly lease rental

The monthly lease rental for the Volkswagen model will cost you INR. 17,647 and also supports the start-up entrepreneurs, corporate professionals MSMEs, salaried individuals. As for the time period, customers can avail the leasing offer for a minimum of two-years and to a maximum period of four years.

Also Read: Skoda and Volkswagen Faces a Shutdown For Two Months

What does the signing of MoU means?

The signing of the MoU and collaboration between the two companies means that Orix Auto Infra will be able to provide a rather large variety of models to lease including Honda, Jeep, and Skoda.

Volkswagen to introduce BS-VI compliant versions

Volkswagen automobiles is planning for upgrading its current range for the BS-VI compliance. Moreover, Volkswagen is going to introduce a new variant of the Polo hatchback with a 1.0-litre TSI and for the Vento sedan in India in the near future. Also, there are plans to introduce a new SUV model in early 2021 that will be a product spun off as part of the new India 2.0 project.

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Skoda and Volkswagen Faces a Shutdown For Two Months

To stabilize from the auto sector slowdown, Skoda and Volkswagen have now decided to stop their car productions for two months next year. Know more.

To stabilize from the automotive sector slowdown, Skoda and Volkswagen have now decided to stop their car productions for two months next year.

Contents of this post-

  • Skoda and Volkswagen Shutdown Overview
  • What is Volkswagen and Skoda planning to do now?
  • New Volkswagen ad Skoda Models to come in 2020

Skoda and Volkswagen Shutdown Overview

As 2019 is coming to an end, the automotive sector is still suffering from the slowdown. Moreover, the sales are still suffering every month, but the conditions are a now a little better than the previous 6 months. Not only Skoda and Volkswagen are facing this, but also most companies like- Hyundai, Toyota, etc. However, analysts have told that the conditions may improve in 2020.

Now, Skoda and Volkswagen have decided to stop the production for the next 2 months plus 16 additional non-production days. Furthermore, this will give them time to plan about their future operations, launches and how they can increase their market share.

new gen volkswagen polo

What is Volkswagen and Skoda planning to do now?

Now, Volkswagen and Skoda are planning to launch many products on the new MQB A0 IN platform. This platform is used for a variety of models ranging from Polo to the T-Cross worldwide. In India, the next-gen of Volkswagen and Skoda cars will most probably use the same.

Also, at the 2020 Auto Expo, both of them will be showcasing their upcoming SUVs. However, Volkswagen is also planning to launch the T-Cross by April 2020, ahead of its unveiling at the Auto Expo. As of Skoda, it will also showcase the Karoq SUV and would launch it in April 2020. Moreover, Skoda and Volkswagen have also figured that they want to become an SUV brand in India.

Volkswagen has further planned to reduce its annual production capacity by 7,000 cars. This will also lead in reduction of the the losses that the manufacturer is facing. The company has nearly 1 percent of the market share which is mainly contributed by the Volkswagen Polo and the Volkswagen Ameo.

Also Read: The 2020 Volkswagen Polo To Come in MQB AO IN Platform

New Volkswagen and Skoda models to come in 2020

Yes, both the companies will be launching their new models in India. Volkswagen will be launching the T-Cross, T-Roc and the Tiguan All-Space in India and Skoda will be launching the Karoq and Kamiq in India.

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2019 Volkswagen Vento and Polo Launched; Here’s What You Need to Know

The Volkswagen has launched the 2019 Vento and the Polo with a mild facelift. Here’s what you can know about the newly launched cars.

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