New Delhi, Nov 19: German auto giant Volkswagen will launch a mid-size car model "Octavia" in India in the first month of the new millennium which would be rolled out from the company's Aurangabad plant.Volkswagen, on behalf of its Czech daughter Skoda, would invest $50 million in the first phase to set up a plant In Aurangabad and assemble Octavia.The vehicle will be imported from the parent company in a form of completely knocked down (CKD) units, an Indo-German Export Promotion Council (IGEP) release said on Friday.
Octavia would be placed between General Motors' Opel Astra and Daimler-Chrysler's Mercedes E-Class car models, it said.
The company would also launch another model "Felicia" to take on Maruti Suzuki, Daewoo and General Motors operating in the mid-sized car market. It has also planned to introduce "Flaria", launched recently during the Frankfurt motor show, the Indo-German Export Promotion Council release said.
Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.