The Touareg and Phaeton didn't do it. VW lost $1.2 billion in North America last year and products that push into the $60,000 mark was not going to turn that around. Volkswagen is preparing 13 new models in the next 2 years including a small SUV, Jetta wagon and a convertible. The Beetle will get a freshening, the Passat and Passat wagon are on their way and the new Golf and GTI are long overdue. Price points will again be a concern, as seen by the sticker of the new Jetta, but at least VW is now focusing on their core products instead of the elite.

Help us improve our comments.
Share This Photo X