Volkswagen will suspend production at its small, flagship facility in Dresden that produces the Phaeton for at least a year, Reuters reported (via Automotive News).
The small, boutique plant will be shuttered to help cut costs for the automaker, which announced it would scale back some projects to help it pay for its massive diesel scandal. According to the report, development of the Phaeton cost roughly $1.1 billion and the sedan hasn’t met sales targets since it was introduced 2002.
Reuters reported that the plant would be shuttered for about a year, beginning in March, and would be retooled to build an all-electric Phaeton by about 2019. (Read More…)
Volkswagen in Germany announced Tuesday that its diesel cars on sale in Europe and the U.S. would be fitted with an emissions-scrubbing urea tank instead of a lean nitrogen-oxide trap and the automaker would develop further its all-electric vehicles, starting with the Phaeton.
“The Volkswagen brand is repositioning itself for the future. We are becoming more efficient, we are giving our product range and our core technologies a new focus, and we are creating room for forward-looking technologies by speeding up the efficiency program,” Volkswagen passenger cars board chairman Herbert Diess said in a statement.
The automaker announced it would trim €1 billion ($1.1 billion) from current projects, but didn’t specify what
three-row SUVs those projects would be. (Read More…)
The Volkswagen Phaeton, the pride of former chairman Piëch, has been discontinued in the UK. Don’t worry, though, if you’re one of those people who enjoy such understated luxury. Volkswagen is still planning a next-generation version of the car.
Here’s what happened overnight.
Despite cost-cutting measures meant to save the automaker €5 billion annually by 2017, Volkswagen is moving ahead with a new Phaeton by 2018 at the latest.
Ah, the Volkswagen Phaeton. Everyone has an opinion about it. It epitomized Piech’s hubris. It is an unmarketable $100,000 Passat. It is essentially a Bentley Continental Flying Spur, but without the bling. It is the greatest car man has ever conceived.
Like Alfa Romeo, there’s always a rumor that the Phaeton 2.0 will be returning to the U.S. of A. in “a few years”. Again, this week, there is a lot of talk about it coming back.
There is a lot of conjecture and Monday morning quarterbacking about the Phaeton. But what is it really like to own one? TTAC’s own Jack Baruth had two. I, a new TTAC contributor, also owned one. I thought it would be fun to answer questions you have always had about the Phaeton. So ask away! (Read More…)
In an interview with Bloomberg at the 2014 New York Auto Show, Volkswagen America CEO Michael Horn says the Phaeton will return to the United States market as early as 2018.
Wolfsburg’s Über-VW, the Phaeton, will be produced in China. At least if the Chinese car site Auto.163 is correct. The news is coming to you via Chinacartimes, which doubts the article’s veracity, not only because the logic behind Auto.163’s reasoning is a bit backwards. Is it really? (Read More…)
The Japanese are always worried about what the North Koreans have up their sleeve, but if the writing on the wall were legible, they would be more concerned about what’s going on in the south. If the 2009 Hyundai Genesis was a shot across the bow of Lexus and Infiniti, then the Genesis 5.0 R-spec may be a torpedo hit below the water, and speaking of which, even the Germans should take notice. Of course, we heard this before with the likes of the VW Phaeton, however that model tanked, so is the top-line Genesis biting off more than it can chew? Lets find out.
The recession must have come to a sudden end. Volkswagen can’t make enough Phaetons to meet demand. Last year, Volkswagen sold 7,000 of the facelifted Über-VW. This year, all indicators say “mehr.” You probably suspect who’s buying most of those Phaetons: (Read More…)
Jack Baruth’s favorite car (he was pretty much alone with that affliction) is coming back stateside: The Phaeton, Volkswagen’s hand-built ueber-mobil. Not a rumor. Volkswagen CEO Martin Winterkorn said it to the Freie Presse in Chemnitz. A VW spokesperson in Dresden, where the Phaeton is handcrafted , said there is no exact timing. (Read More…)