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Volkswagen to import vehicles in 2009
New Delhi, Nov 18: The India unit of Volkswagen AG will start importing light commercial vehicles in the first half of 2009, its managing director said on Tuesday.
The company does not see any impact of the current global economic slowdown and its investment plans are on track, Joerg Mueller told reporters at the India Economic Summit.
"We're actually ahead of schedule," he said. The company is investing 580 million euros ($737.8 million) in India.
Its plant in India with a capacity of 110,000 vehicles is expected to become operational in 2009.
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