Tuesday, October 16, 2007

Volkswagen Up! heading for production


Confidential documents leaked from Volkswagen have revealed the group�s expectations for its new breed of rear-wheel-drive small cars.

We got our first glimpse of this next generation at the Frankfurt motor in September, in the form of a cleverly-packaged, rear-engined city car concept called the Up!.

It�s expected to go into production in 2010 and will most likely be built at one of Skoda�s factory in the Czech Republic that is currently being modernised to cope with extra production capacity.

VW estimates sales of 4.1 million models over a nine-year lifecycle and considers this its biggest project since the original Beetle was phased out for the Golf in 1974.

Around 200,000 cars a year will be sold in Europe, badged as Volkswagens, Seats and Skodas. Developing markets such as Russia and India will make up a significant proportion of the remaining demand.

The production model based on the Up! concept will be cheap to buy and run, with three-door versions expected to cost around �6000.

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