VW Phaeton: Will be launched in South Korea

VW is going to launch the VW Phaeton in Korea.

German automaker Volkswagen AG launched the latest model of its luxury Phaeton sedan in South Korea on Monday, its local subsidiary said.

The model, an updated version of the 6,000 cc Phaeton released in April 2005, is equipped with a 4,000 cc 8-cylinder engine with a maximum output of 355 horsepower, Volkswagen Korea said.

It is expected to compete fiercely with other foreign automobiles, such as the Mercedes-Benz and Toyota Motor's Lexus, as there is high demand for 4,000 cc-grade automobiles in the local market, the company said.

The model has a price tag of 122.20 million won (US$129,043).

Volkswagen Korea said it plans to donate 1 million won from the sale of each new Phaeton to the United Nations Children's Fund until December.

Related news: GermanCarBlog, P4MR, VW Phaeton

Source: Yahoo, picture by VW

VW Phaeton: Will be launched in South Korea

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