Lately VW AG thinks about new low cost brand, which would increase a sell of VW Group,s cars. This was confirmed by the German Magazine Auto Motor und Sport by Mr. Ulrich Hackenberg, VW board memeber as responsible for brand development. The price of the car would be beetwen 5 000 end 7 000 euro, which is the same as a price for Polo in India. Interresting Fact is what a name this new brand will have. VW could use a historically names such as NSU, DKW or Horch. In details we will see.
qwelle: auto motor und sport