3Autos.com » demise,volkswagen,autoweek » Volkswagen strives to recapture affordable German engineering label

Volkswagen strives to recapture affordable German engineering label

16 March 2006 Filed under: Economy View: 6 Digg Yahoo! Buzz StumbleUpon Technorati del.icio.us Mixx Facebook TwitThis Reddit YahooMyWeb Google feedburner

Volkswagen strives to recapture affordable German engineering label

Would you pay $15,995 for the new Volkswagen Golf?

That's the gamble Volkswagen is banking on. After the demise of the VW uber-luxury Phaeton sedan in the United States, Volkswagen is hoping to go back to what it's been best known and loved for -- affordable German engineering. The price tag puts the Golf smack-dab in the middle of the entry-level price bracket, prime position to lure younger buyers and gain friends for life.

Reasons for concern? The automaker plans to de-content the Golf to attain the low price tag, while similarly-priced Japanese and American vehicles are going out the door with more options at the $16K mark.

[Source: Autoweek]

Digg Technorati StumbleUpon Mixx del.icio.us Reddit BlinkList Furl YahooMyWeb feedburner
  • VIDEO: 'Ring Battle! Porsche Carrera GT vs. twin-turbo E30 M3 We've seen plenty of great video shot at the world-renown Nurburgring, and this one ranks right up there. It all starts innocently enough, as a twin-turbo E30 M3 minds its own business through the tur ...
  • Honda CRX successor in the works? Our brethren over at Winding Road have it on good authority that Honda is in the midst of developing a new CRX, based off the current Fit's platform. The decision to bring back the much-loved hatch wa ...
  • VIDEO: Tek Jansen drives a Saturn Ion News of the Saturn Ion's ignominious demise have been met with cheers in the street, as it was truly the brand's last embarassing model. Though most of us eagerly await the arrival of the Saturn Astra ...
  • Volkswagen to pull forward sixth-generation Golf? America's roads are finally getting the long overdue fifth-generation Volkswagen Golf, and already there's talk of its demise. The new-look hatchback began arriving Stateside in GTI trim in February, ...
  • Spectacular Alfa Romeo 8c not headed for production after all? Alfa Romeo's spectacular 8c Competizione may not make it into showrooms after all. This, according to website Fastdrive, which says that the decision was reached by Ferrari bigwig Luca di Montezemolo ...
  • GM Chairman Wagoner jokes about reports of company's demise General Motors Chair and CEO Rick Wagoner embarked in a bout of what is likely to be perceived by some as 'gallows humor', responding with Mark Twain-esque levity to the increasing number of reports t ...
  • Formula 1: Super Aguri F1 is on the grid The FIA announced today that it has accepted the entry of the Super Aguri F1 team to the 2006 Formula One World Championship.The announcement was widely expected, after the team submitted the required ...
  • Teenagers predict gasoline-powered cars obsolete by 2015 American high school students think that gasoline-powered automobiles and compact discs will be yesterday's news in ten years, according to a survey released Wednesday.The annual Lemelson-MIT Inventio ...
  • GM to end employee pricing plan The madness is finally over; or, as GM said, "it's just time for it to end." New ads will run this weekend officially notifying the public of the employee pricing program's demise and advertising the ...
  • Ex-DaimlerChrysler dude joins VW Yesterday Volkswagen announced that they have settled on terms with Wolfgang Bernhard, the DC boss recently passed over for the top Mercedes job, and famous for his strong cost-cutting techniques. He ...

0 Responses to » Volkswagen strives to recapture affordable German engineering label

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.