03-12-2007, 10:17 PM
VW Phaeton to return to N.A. market
12-3-2007
Volkswagen intends to reintroduce its Phaeton luxury sedan to the N.A. market, according to VW of America spokesman Andreas Meurer. Mr. Meurer made the announcement during an interview with Bloomberg.
Adrian Hallmark, the company's Executive Vice President, said VW expects its U.S. operations to break even in 2009. He said sales in 2007 would be flat, while the company focuses on preparing new models for 2008 and 2009.
Volkswagen pulled the Phaeton from the U.S. market in late 2005 due to poor sales. It's unclear when the Phaeton will return to America. Meurer said it would be reintroduced when the next version goes on sale worldwide.
It's not known if Meurer was referring to the facelifted 2008 Phaeton ââ¬â revealed last week and on sale this summer ââ¬â or the next-generation model due some time after 2009.
12-3-2007
Volkswagen intends to reintroduce its Phaeton luxury sedan to the N.A. market, according to VW of America spokesman Andreas Meurer. Mr. Meurer made the announcement during an interview with Bloomberg.
Adrian Hallmark, the company's Executive Vice President, said VW expects its U.S. operations to break even in 2009. He said sales in 2007 would be flat, while the company focuses on preparing new models for 2008 and 2009.
Volkswagen pulled the Phaeton from the U.S. market in late 2005 due to poor sales. It's unclear when the Phaeton will return to America. Meurer said it would be reintroduced when the next version goes on sale worldwide.
It's not known if Meurer was referring to the facelifted 2008 Phaeton ââ¬â revealed last week and on sale this summer ââ¬â or the next-generation model due some time after 2009.