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Auto Talk => The Big Guys => Topic started by: BMWDave on August 15, 2005, 06:16:38 AM

Title: VW Backs Up Small SUV Plans
Post by: BMWDave on August 15, 2005, 06:16:38 AM
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.



Title: VW Backs Up Small SUV Plans
Post by: ifcar on August 15, 2005, 06:20:30 AM
Maybe they can spend some of that time to try to give it some styling. <_<
Title: VW Backs Up Small SUV Plans
Post by: BMWDave on August 15, 2005, 06:20:59 AM
QuoteMaybe they can spend some of that time to try to give it some styling. <_<
Thats what I was thinking as well...