VW In The Fast Lane

<?xml version="1.0" encoding="UTF-8"?><root available-locales="en_US," default-locale="en_US"><static-content language-id="en_US"><![CDATA[<p>After growing at a whopping 140 per cent Volkswagen India has committed an additional investment of Rs 2,000 crore for the Indian market. In 2009, they had already invested around Rs 3,800 crore. It launched the new Touareg and the Beetle.&nbsp;<br><br>It showcased the hybrid concept XL1 on Thursday. "There is a need to bring fuel efficient and alternate drive train cars this decade," says Ulrich Hackenberg, Member of Board VW Technical Development.<br><br>This concept is supposed to run 100 kilometres per litre. It is a 2 cyclinder TDI (diesel) engine with a 7 speed DSG gearbox. It also has a Lithium Ion battery that runs 35 kilometres on pure electric charge.&nbsp;<br><br>"The committment is also to the environment, that is the message of blue motion technologies," says Hackenberg. He adds that India can have more vehicles that are affordable from the VW stable in the future, cars like the VW UP- the new economyhatch- launched in Europe make a lot of sense.&nbsp;<br><br>VW hopes to catch up with General Motors, Ford and Toyota in the race to becoming the number one foreign OEM by 2013.</p>