- Oct 18, 2007
Volkswagen to drop prices, aims to compete with Toyota
Currently, the Jetta starts around $17,000, while a comparable (?) Corolla is about $2k less. Same goes for the Passat and Camry segment, where the VW's mid-size sedan has close to a $4,000 premium over its Toyota counterpart.
Interestingly, Winterkorn admits, "We have definitely added too many technical items that (American) customers don't want to pay for." What those particular features are escapes us, but as long as they work, that's all that matters.
[Source: Wall Street Journal]