Mentioned about cheap cars, Volkswagen has shown an indication that they will soon launch a sub brand they are set to be released in 2017 for the territory of China. When in the early 90s the German principal buy Skoda, they had planned to have planning to enter the low-cost car market segment as a new strategy.
Volkswagen AG wants the cheap brands precisely target the first car buyers as its market share. This car is planned to be launched in the second half of this decade, but only to be released exclusively for the Chinese market. There are no names that carried to the model, however, rumors are circulating saying that the price of the model will be priced from 7,000 euros. In addition, this model will also be produced by one of the partners VW in China, SAIC or FAW.
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