Volkswagen plans to price its vehicles in the US market more aggressively and drop costly features many customers there don’t want, Chief Executive Martin Winterkorn was quoted as saying, according to Reuters.


The idea is to narrow the sales gap that separates Europe’s biggest carmaker from larger rival Toyota, a daily reported.


“We have definitely added too many technical items that (American) customers don’t want to pay for,” Winterkorn said.


By tailoring its cars more to US tastes, he said, it could offer future versions of its Jetta and Passat models below what they sell for now.


Volkswagen has struggled in the US market in recent years. Quality concerns and the weak dollar have combined to leave poor sales on high sticker prices. Volkswagen lost over USD800m in the us in 2006.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.