Volkswagen Virtus sells 50,000 units in the domestic market

German carmaker updated its portfolio in India after discontinuing the Polo, which cemented its position. With the launch of new products such as the Virtus sedan and the Taigun SUV, VW created a new portfolio and it has seen success again, with the carmaker achieving sales of 50,000 units in the domestic market.

Volkswagen Virtus: Domestic sales

Launched in 2022, Volkswagen has averaged sales of 60 Virtus sedans every day, while this year alone, the carmaker sold 17,000 units in the domestic market to date. Volkswagen also launched the Virtus GT Line and Virtus GT Plus Sport, offering more choices to customers.

Also ReadSkoda Kylaq Prototype Test Drive: First Impressions

Volkswagen’s Virtus and Taigun collectively surpassed the one lakh domestic sales milestone in the second quarter, while at the end of the third quarter, the brand crossed the 6.5 lakh domestic wholesales milestone in India, with the India 2.0 models – Virtus and Taigun –contributing to nearly 18.5 percent of the domestic volumes.

Speaking about the milestone achievement, Ashish Gupta, Brand Director, Volkswagen Passenger Cars India, said, “We are immensely grateful to all our customers for making the Volkswagen Virtus India’s No.1 selling premium sedan. The  Virtus continues to resonate strongly with our customers, and crossing the 50,000 sales mark is a testament to the product’s success in the Indian market, making it  India’s most loved premium sedan.”

He added, “Ever since its launch, we have sold nearly 60 Virtus  sedans every day, and we are glad that Virtus has carved its own cult following, as it  continues to sustain the sales momentum, despite headwinds in its segment.”

 » Read More

Related Articles

Adani Ports records highest ever cargo volume at 41.5 MMT in March, posts 9% YoY growth

Adani Ports And Special Economic Zone Ltd (APSEZ) on Wednesday released its business update for the month of March wherein it announced that the company has handled 41.5 MMT cargo volume during the period. This, it added, was up 9 per cent on a year-on-year basis and is also the highest  ever cargo volume posted

HDFC Bank, SBI Cards and ICICI Bank are HSBC Global’s top credit card stock picks. Here’s why

The brokerage firm HSBC Global Research has identified three leading credit car providers, HDFC Bank, SBI Cards, and ICICI Bank as the frontrunners and its top picks from this segment. According to the brokerage, with a strong grip on market share and steady growth in card spending, these financial giants continue to dominate, while smaller

Swiggy shares fall 1% after receiving Income tax notice for Rs 158 crore

Swiggy’s share price opened Wednesday’s trade 1% lower at Rs 328.80 but soon surged to trade in the green. It was up 1.3% at Rs 336.45. On April 01, The company received a tax order of Rs 158 crore after the stock markets closed. The order from the Income Tax Department, Central Circle, Bangalore alleged

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Adani Ports records highest ever cargo volume at 41.5 MMT in March, posts 9% YoY growth

Adani Ports And Special Economic Zone Ltd (APSEZ) on Wednesday released its business update for the month of March wherein it announced that the company has handled 41.5 MMT cargo volume during the period. This, it added, was up 9 per cent on a year-on-year basis and is also the highest  ever cargo volume posted

HDFC Bank, SBI Cards and ICICI Bank are HSBC Global’s top credit card stock picks. Here’s why

The brokerage firm HSBC Global Research has identified three leading credit car providers, HDFC Bank, SBI Cards, and ICICI Bank as the frontrunners and its top picks from this segment. According to the brokerage, with a strong grip on market share and steady growth in card spending, these financial giants continue to dominate, while smaller

Swiggy shares fall 1% after receiving Income tax notice for Rs 158 crore

Swiggy’s share price opened Wednesday’s trade 1% lower at Rs 328.80 but soon surged to trade in the green. It was up 1.3% at Rs 336.45. On April 01, The company received a tax order of Rs 158 crore after the stock markets closed. The order from the Income Tax Department, Central Circle, Bangalore alleged

Markets resilient: Sensex jumps 500 points, Nifty around 23,300; all eyes on Trump Tariff

Indian equity indices opened Wednesday’s trading session on a higher note, taking note from Asian and US markets. The NSE Nifty 50 opened 45 points, or 0.19%, higher at 23,210, while the BSE Sensex rose 177 points, or 0.23%, to open at 76,201.  Bank Nifty opened 230 points or 0.45% higher at 51,037.85. The Nifty

Dividends payout alert: MSTC, RailTel, ADC India set April 2 deadline, over Rs 30 up for grabs

Who doesn’t love some extra cash boost? If you are an investor looking for dividend opportunities, three companies – ADC India Communications, MSTC, and RailTel Corporation have set today, April 2, as the record date for their interim payouts. With a combined total of Rs 30.5 per share up for grabs, here is a detailed