VW to produce up! in india

Volkswagen, German-based auto maker, is learnt to produce its much-awaited car Volkswagen up! In India. The car's production cost will be €900 that is equal to Indian rupees 60,723.18 (on 07-06-09). However the actual selling cost will be altogether different. The Volkswagen up! Was initially showcased as a concept at the Frankfurt Motor Show in 2007. The car will have, the Nano type equipment setting, a rear-engined, rear wheel drive car with a 3.45 meter length. The 4-seater will most probably make use of 3 or 4-cylinder powerplants to keep fuel consumption low, apart from the cost. The company has confirmed the news and informed that it will produce up to 1.4 million models, and a couple of versions may join the combustion engine variant including an electric, as well as a hybrid version.