Volkswagen is considering bringing the Polo to the United States.
This is HUGE! I know soooo many that would love to have and purchase this vehicle. Bring us the Polo GTI!!!!
The space up! blue would fit perfectly in our driveway!
Maybe Winterkorn should ask his drivers, enthusiast etc!
‘We are deliberating whether to launch smaller models than the Golf in the US market,’ Volkswagen CEO Martin Winterkorn said in an interview with Handelsblatt at the Detroit auto show.
This is the automaker’s first consideration of models smaller than the Golf in the US.
Winterkorn said: ‘I will ask the question this week when I meet with our 600 dealers in the US: ‘Do you need the VW Polo?”
The planned model based on the VW concept Space Up could also go to the US market, he said.
More carmakers are introducing smaller models in the U.S. Earlier this week, Ford said it would introduce a hatchback variant of the next-generation Fiesta small car in the U.S. in 2010. The model is set to debut in Europe and Asia this year.
BMW had its U.S. debut of its 1 series entry-premium car at the Detroit auto show, and General Motors is set to launch the Opel Astra as a Saturn brand in the U.S. Daimler also launched its Smart ForTwo microcar in the U.S.
Experts see a growing U.S potential for small cars because of rising gasoline prices and greater environmental awareness. Last year this segment was one of the few to growth in the U.S.
Hoping for a stronger press release on this… all I hope for is a honest, for the customer/enthusiast interest conclusion. I hope the boards do not turn this into a mess.
Wolfsburg, 23 October 2007 - The Board of Management of Volkswagen Aktiengesellschaft has acknowledged the ruling of the Court of Justice of the European Communities concerning the Volkswagen Law. According to this judgment, the Volkswagen Law restricts the free movement of capital.
Volkswagen will thoroughly examine the ruling and possible consequences for the Company, particularly with regard to the impact on the Articles of Association. The Board of Management has always emphasized that its actions are oriented to the sustainable development of the Company while giving appropriate consideration to the interests of all stakeholders.
The Board of Management is of the opinion that the shareholdings of Porsche AG and the State of Lower Saxony form a solid basis for the continuation of the successful work so far.
and so it begins… I just hope this is the right thing to do.
The mid-engined VW-Porsche 914 was unveiled at the 1969 Frankfurt
Motor Show. The 914/4 had the VW 411 1.7 engine and the 914/6 the
Porsche 911T 2.0 engine. Both utilized Porsche and VW components,
bodywork by Karmann. Source: 1302
Luxembourg/Stuttgart. Dr. Ing. h.c. F. Porsche AG, Stuttgart, welcomes the judgement of the European Court of Justice (ECJ) in Luxembourg according to which the limitation of voting rights to a maximum of 20 percent by the Volkswagen Act is incompatible with EU law. „With a voting interest of just above 30 percent in Volkswagen we obviously have a high interest in exercising our voting rights in full,“ said Dr. Wendelin Wiedeking, Chief Executive Officer of Porsche in a first reaction to the ruling.
The ECJ further ruled that the right granted to the Federal Republic of Germany and the Land of Lower Saxony by the Volkswagen Act to each appoint two members to the supervisory board of Volkswagen as long as they hold more than one share in Volkswagen also violates EU law. As a result, in the future the generally applicable statutory rules will apply to Volkswagen, according to which the shareholders’ representatives in the supervisory board are elected by the General Meeting.
