Report: Volkswagen to Establish Budget Brand in China

According to a piece published by Bild, Volkswagen CEO Martin Winterkorn has announced that the Volkswagen Group will bring a ‘budget’ car to market, as it is seen as a key component of future success for the company. The model will be first available in China at a price point less than 10,000EUR, and eventually will become available throughout the Asian market. Depending on success, the model may eventually become available in other select countries as well.

Winterkorn says that the upcoming budget car has been in development for quite some time, because the model will need to retain the quality and comfort that Volkswagen has become known for. As the car will be built in China, we expect to see an all-new subcompact model as opposed to the heritage models that are available in certain markets.

To read more about the project, check out the full article, here.

The post Report: Volkswagen to Establish Budget Brand in China appeared first on VWVortex.

from VWVortex http://ift.tt/1T2eeuT
via IFTTT

Comments

You can't scam VW by buying a dirty diesel now and still get full payout

Filed under: Government/Legal , Green , Volkswagen , Diesel VW's lawyers have naturally put in a clause that will prevent anyone from buying a known dirty TDI from getting the full buyout amount from the OEM. Continue reading You can't scam VW by buying a dirty diesel now and still get full payout You can't scam VW by buying a dirty diesel now and still get full payout originally appeared on Autoblog on Thu, 30 Jun 2016 14:44:00 EDT. Please see our terms for use of feeds . Permalink | Email this | Comments from Autoblog Volkswagen http://ift.tt/297SxtR

2018 Lamborghini Aventador S Roadster Review

“Supercars just don’t excite me anymore.” These words, spoken to me over a month ago by another journalist, friend, and (so-called) enthusiast were echoing in my head for far too long, but they’ve finally been drowned out. Drowned out by the wail of a naturally aspirated 6.5-liter V12 engine mounted in the middle of the new Lamborghini Aventador S Roadster. My friend’s point is that back in the good old days, there was a crop of supercars that captured the imagination with amazing style, sounds, performance, and more. Today, it seems like everything is capable of supercar performance, with large luxury sedans outdoing some of the best and most dedicated teams of car nuts, while former pillars of automotive excellence are suddenly pumping out family-friendly SUVs. Beyond that, another league of supercars, dubbed hypercars have cropped up with hybrid gas-electric powertrains that make magical things happen quickly, but at the cost of the acoustic drama, visual flair, and engag...

PZM 73rd Rally Poland Kicks Off

The WRC is in Poland and after only one stage there are three Volkswagens in the top five. Today’s special stage at the Mikolajki Arena is the first stage, but the rally doesn’t begin in earnest until Friday. Today’s super special stage was less than two minutes long, and less than a second separates the top five drivers. Hyundai Motorsport’s Thierry Neuville tops the charts today, followed closely by Volkswagen’s Andreas Mikkelsen. Sebastien Ogier and Jari-Matti Latvala are in fourth and fifth, respectively. Expect Ogier to climb the rankings, though. Not only did he win the rally last year, he has won every year since 2013. And with rain expected on Friday, Ogier’s chances are even better. “If it’s a bit wet then I hope I can make some good times,” said Ogier earlier today. “The best would be some good rain during the night so it’s a damp surface and then not too bad weather during the day so specators can enjoy the show without being too wet.” If it is dry, though, speed is on ...

Vorderman Volkswagen

Search This Blog