VW and Suzuki Reportedly Planning to Develop $4300-$5300 Low Cost Small Car for India and Europe

The newly forged Volkswagen Group - Suzuki alliance plans to develop a new low cost small car for India as well as Europe and other markets, the Economic Times reported on Friday. The business daily said that the new vehicle, which will act as a replacement for Suzuki's Alto, would cost between 200,000 and 250,000 rupees in India, which comes to about $4,300 - $5,300 or €2,900 - €3,600 at today's