Shanghai Volkswagen's New Compact Car Polo Hits Chinese Market

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Last updated at: (Beijing Time) Tuesday, April 09, 2002

Shanghai Volkswagen's New Compact Car Polo Hits Chinese Market

Shanghai Volkswagen formally introduced its new compact car Polo to the Chinese market Monday, driving new heat into an already whiteheat market.

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Shanghai Volkswagen's New Compact Car Polo Hits Chinese Market

Polo formally introduced to Chinese market

Shanghai Volkswagen formally introduced its new compact car Polo to the Chinese market Monday, driving new heat into an already whiteheat market.

A spokesman for the Shanghai Volkswagen claimed that Polo is the first compact car that is produced and sold in China at the same time with other major markets.

Polo, sold for 127,500 to 148,000 yuan depending on different models, is a high-end compact car aimed at customers that care about personality and cost performance ratios, the spokesman said.

According to Volkswagen sources, more than seven million Polo cars have been sold worldwide since the first Polo car was produced in 1975, making it one of the best known brands under Volkswagen.

Warm reaction from the market

Shanghai Volkswagen has received orders for 6,000 cars since March 25, when it began to accept reservations.

This accounts for one fifth of the expected production this year, said Volkswagen sources, adding that it is very warm reaction from the market.

Priced from 127,500 to 148,000 Yuan

The Shanghai Volkswagen Auto Corp. (Shanghai VW) has finally fixed the price of its POLO autos, from RMB127,500 yuan to RMB148,000 yuan for different models.

According to sources from Shanghai VW, the POLO cars will be available for customers on April 8. The prices are as follows: RMB127,500 yuan and RMB128,100 yuan for two types of 1.4-liter manual economy models respectively, RMB140,000 yuan for the 1.4-liter manual luxury model, RMB135,500 yuan and RMB136,100 yuan for two types of 1.4-liter automatic economy models respectively, and RMB148,000 yuan for the 1.4-liter automatic luxury model. full text

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POLO of Shanghai VW Priced from 127,500 to 148,000 Yuan

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