VW Backs Up Small SUV Plans

Started by BMWDave, August 15, 2005, 06:16:38 AM

BMWDave

VW Backs Up Small SUV Plans
The Daily Auto Insider
Wednesday, August 10, 2005

August 2005
Volkswagen said it has put off a decision on whether to build a new compact off-road vehicle, the Associated Press reported.

The plan isn't dead, the company said but it's been put on hold while the company seeks to cut production costs.

VW, Europe's biggest automaker, reported a 6.7 percent drop in second-quarter profits. The company, whose brands also include Skoda, Audi, Lamborghini, Bentley and SEAT, earned 333 million euros ($411.9 million) in the quarter that ended June 30, compared to 357 million euros in the year-earlier period, the story said.




2007 Honda S2000
OEM Hardtop, Rick's Ti Shift Knob, 17" Volk LE37ts coming soon...

ifcar

Maybe they can spend some of that time to try to give it some styling. <_<

BMWDave

QuoteMaybe they can spend some of that time to try to give it some styling. <_<
Thats what I was thinking as well...

2007 Honda S2000
OEM Hardtop, Rick's Ti Shift Knob, 17" Volk LE37ts coming soon...