VW finalizes the design for its new budget brand

Article by Christian A., on April 30, 2014

Back in March, we’ve told you that Volkswagen had signed off a budget car that will be sold in the emerging markets. At the 2014 Geneva Motor Show, VW brand development chief Heinz-Jakob Neusser told the reporters that it was becoming harder to hit cost targets for company’s budget car.

In just one month, the German carmaker finalized the car design for its new budget brand and according to project manager Hans Demand the concept and design are now in place. Demand also added that all the components for the new budget car will be produced in China and will arrive in the showrooms in 2016.

Volkswagen will offer the new vehicle with a starting price of 6,000 euros or around $8,300. As we said, Volkswagen plans to build the new budget car exclusively in China and will sell it also in India, Latin America, Easter Europe and Africa only if the model proves successful.

As expected, the new vehicle will take on Dacia-branded models such as the Logan. The new model will also increase Volkswagen’s global sales, taking it closer to achieve its target and become the world’s bigger carmaker by 2018.

For those who don’t know, in the Q1 of 2014, Toyota is already the leader and looking at the numbers it appears that it will maintain its leadership through the rest of the year. [source: Reuters]

Topics: vw, low cost car

If you liked the article, share on:

Comments

Recommended

After a number of failed attempts, Tesla finally gets an Arizona dealership license by winning a court battle that allows them to sell directly to consumers. The automotive dealer license...
by - June 22, 2017
The Insurance Institute for Highway Safety gives its Top Safety Pick Award to the 2017 Chevrolet Bolt EV, and they have got videos of it during the crash test procedures...
by - June 22, 2017
The wait is finally over for Dodge enthusiasts; the company will be taking orders for the 2018 Challenger SRT Demon this Wednesday, 21 June. The model will have an asking...
by - June 21, 2017
Earlier this year, German automaker Opel revealed their largest SUV to date, the Grandland X as it made its debut online. The SUV, a European exclusive, comes in a sophisticated...
by - June 21, 2017
As though many would think the Fire Orange is already synonymous to BMW Motorsport, Century West BMW in Lankershim Boulevard, Studio City California went above and beyond in customizing the...
by - June 21, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries