VW to develop a new micro car
February 10, 2007 4:46PM by Michael Savio
Volkswagen’s new CEO, Martin Winterkorn, continues to place his mark on the German automaker. Following reports that Winterkorn has ordered a redesign of the Passat Coupe, and other models, he said that VW is planning to design and develop a new ultra compact car that will slot in “below the Fox.”
Winterkorn is planning for “an economical, everyday small car that looks attractive and is affordable.” He added that, unlike DaimlerChrysler’s Smart, it would have “space for four people plus luggage.”
Volkswagen is in the process of cutting up to 20,000 jobs, and introducing longer hours for those that remain, but Winterkorn has indicated that VW is not planning any additional cuts. Winterkorn said that further cuts would impact future VW projects, which he said includes a compact hybrid powertrain for the Polo and Golf. This goes against Winterkorn’s previous statement that a $2,000+ hybrid premium is too much for VW in the competitive compact segment.
## Source: The Detroit News ##
Posted in: Volkswagen, News, Microcars, Future Vehicles
RSS 2.0 Feed |
Comments | Permalink |
Email This Post
Headlines
» Mazda considering Hakaze-inspired CX-5?» Magna offers $4.7 billion for Chrysler
» BMW details new 420-hp V8 for next M3
» Production Ford Fairlane crossover to be called Flex
» Lutz confirms V12-powered Cadillac flagship
» Honda recalls 165,000 cars and trucks in the U.S.
» BMW considering X1 small crossover
» Volkswagen announces Wolfsburg Edition Passat
» Spy Shots: BMW 1-Series Coupe
» Spy Shots: Facelifted 2008 Saab 9-3 Convertible
February 25th, 2007 at 4:22PM
[…] Autobild have gotten it wrong and this is actually VW’s ultra compact challenger to the smart? Dr. Winterkorn is planning for “an economical, everyday small car […]