VW confirms low-cost car

Volkswagen will start production for a new low-cost car designed for the Chinese market in 2015.

1
photo
VW confirms low-cost car

New budget brand will produce a model to undercut the Up

Volkswagen boss Martin Winterkorn has stated that production of a new super-budget car will start in 2015.

During an interview for a German magazine, Winterkorn said,“We are developing a budget car for the price range between €6000 and €7000 (Rs 4.3 and 5.1 lakh). Some three million cars are sold in this segment each year in China alone.”

The development of the new car, according to Winterkorn, won’t be carried out entirely by Volkswagen. He told Der Speigel, “We have to adopt new methods. The base development will be carried out in Germany. It will then be further developed in China with our partner and produced from 2015."

Keeping the cost of the car so low is only possible by building and partly engineering the car in a low-cost country, with both parts and materials also being sourced locally. It’s likely that existing Volkswagen technology will be used in the new budget car, further helping to keep costs down.

Volkswagen’s technical chief, Ulrich Hackenberg, has previously confirmed that the car will eventually come in different body styles. The car will be sold under a new brand name that is yet to be confirmed.

Currently Volkswagen is focusing on creating the first example of the super-budget car for China, where it would also be built. Hackenberg told Autocar the car wouldn’t look cheap and it wasn’t designed to simply fulfil the need for mobility.

“It has to have good styling and the owner should be able to upgrade the specification over time. The owner wants to be proud of the car.”

Production of the new car is expected to begin in 2015. Initially available only in China, it may also later be offered in India.

Copyright (c) Autocar UK. All rights reserved.
See more about:  volkswagen, budget, polo, vento, skoda
Toyota’s super popular Fortuner is due for replacement later this year, and we’ve got an exclusive first drive of the next-gen SUV. This and a whole lot more in the May 2016 issue.
What's in this issue?

comments powered by Disqus

notSet

New budget brand will produce a model to undercut the Up
Most Read
Latest News
Delhi diesel ban reflects unstable policy regime: SIAM
Carmakers forced to rethink strategies over diesel ban; SIAM calls for...
4 hours ago   1 picture
Emission scandal: Suzuki joins other carmakers in recall of diesels in Europe
Carmakers including Audi, Mercedes, Porsche and VW announced a recall of...
5 hours ago   1 picture
Maruti Suzuki Deccan Rally to start on May 13
The Deccan Rally – part of the Maruti Suzuki National Superleague...
5 hours ago   1 picture
Datsun Redigo to be priced from Rs 2.5-3.5 lakh
Bookings for the Redigo will open on May 1, and deliveries will start from...
6 hours ago   2 pictures
Red Bull F1 cockpit canopy revealed
The design - which Red Bull is calling the 'aeroscreen' has been fitted to...
7 hours ago   1 picture

Autocar Magazine

Issue: 201 | Autocar India: May 2016

Toyota’s super popular Fortuner is due for replacement later this year, and we’ve got an exclusive first drive of the next-gen SUV. This and a whole lot more in the May 2016 issue.
Autocar Magazine
Latest Poll
Which compact SUV would you buy





or View results
Ford EcoSport
  27%
 
Maruti Vitara Brezza
  39%
 
Mahindra Nuvosport
  2%
 
Mahindra TUV300
  4%
 
Would rather wait for the Tata Nexon
  27%
TOTAL VOTES: 2005

Vote now
View previous Polls »