According to our source Volkswagen seems to have some problems with the next generation VW Golf, the VW Golf VI, and therefore can’t reach the self-set ROI rate of 5%, currently at 3.4%. This means that Volkswagen would lose over 600 million Euro profit over the product lifetime thanks also to the weak dollar.
As a result, Dr. Martin Winterkorn has decided NOT to sell the next-generation VW Golf in the US, Brazil and Australia! We will keep you up to date if more news are breaking…
Source: Spiegel Online, picture by Autobild