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Tuesday, July 04, 2006

VW GX3: Dead!

Looks like the VW GX3, one of the recent motor show highlights, died before it had the chance to see public roads.
Volkswagen AG, Europe's largest carmaker, won't build a three-wheeled car, dubbed the GX3 and targeted at the U.S., because of concerns about future lawsuits resulting from the vehicle's design.

``With regret, we have concluded that the current and foreseen product liability issues at this time were just too great,'' Adrian Hallmark, Volkswagen's U.S. chief, said in an e- mailed response to questions.

Volkswagen, which hasn't turned a profit in the U.S. since 2002, intended to introduce the two-seat vehicle, which would have been equipped with two wheels in the front, weighed 1,300 pounds (590 kilograms) and had no roof, as early as next year.

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Source: Bloomberg


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