By Tricitynews
Mumbai 27th
May:- Standing
true to its testament of offering a value-for-money proposition, Volkswagen,
Europe’s largest carmaker recently received the title of the ‘Most Improved
Residual Value Brand 2019’ by the Indian Blue Books (IBB) Residual Value
Awards.
The independent analysis conducted by
IBB collected data from over 8500+ touch points from both wholesale and retail
channels from the last year. Post data collection, the average prices were
compared for each model vis-à-vis last year, assuming it was being realized
either in the first, second, or third year up to the fifth year.
The results of the findings revealed
an upward increase in residual value by 3 to 7 per cent across Volkswagen’s
product range. Thus, making it even more appealing and a prospective choice for
customers within the pre-owned car segment.
Speaking
on this announcement, Steffen Knapp, Director, Volkswagen Passenger Cars said
that we’re quite delighted to share that Volkswagen has received the title of
the ‘Most Improved Residual Value Brand 2019’. This title reiterates our
commitment to our Indian customers and truly reflects our dedication towards
providing a value-for-money proposition. We extend our gratitude towards the
esteemed jurors who have recognized our efforts of making Volkswagen carlines
affordable and accessible in the Indian market.