German car-manufacturer Volkswagen has announced the name of the made-for-India compact sedan: It's "Ameo". The name comes from the Latin word "Amo", meaning "I love". Volkswagen will fully unveil the Ameo at Auto Expo 2016, the company said in a statement.

The teaser image along with the statement shows the car's tail lamp, whose design has been inspired by the Polo hatchback. The creases starting from the bottom of the trail lamp and moving towards the top of the number plate does look similar to Skoda Rapid's rear.

The compact sedan had been rumoured to have the name Bora and Ameo for quite some time. The car is based on the PQ24 platform that underpins the Polo and the Vento. VW started its production at the beginning of 2016. It has invested Rs 720 crore in the development of this new model for India. The investment is also being used for setting up of new equipment and increasing production of the new compact sedan.

The face of the car is expected to be similar to the Vento sedan. The car will feature a small boot. Though its specifications have not been released yet, it is safe to assume VW will continue with the current Polo engines, which include the 1.2-litre MPI and TSI petrol engines and the 1.5-diesel unit. VW Ameo will be pitted against the likes of Swift Dzire, Honda Amaze, Tata Zest, Hyundai Xcent, and Ford Aspire. The Ameo can be expected to have a price in the range of Rs 5-8 lakh.

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