Volkswagen RWD model to be unveiled in 2010
Volkswagen announced in an interview with Automobilwoche, that the first generation of its New Small Family will be unveiled in September 2010.
The rear-wheel-drive, entry-level model is viewed within Volkswagen as the company’s most important project since the Golf replaced the Beetle. The company estimates that 100,000 cars a year will be sold in western Europe as Volkswagens, and another 100,000 as Seats and Skodas. Growth markets such as Russia and India will account for another 262,000 units a year, VW estimates.
The base price of the three-door model, which is about 3500mm long, has been increased to €8,950 from an original target of just under €8,000. Volkswagen plans to price the five-door version, with a wheelbase about 80mm longer, at a minimum of €9,450.
Source: Automotive News