Business

Volkswagen PH pins revival hopes on its first subcompact SUV

German car maker Volkswagen is set to introduce its first sport utility vehicle to the Philippine market in the hope of turning around its struggling business.

In a virtual briefing, Volkswagen Philippines president Felipe Estrella said they expect the five-seater T-Cross to drive sales as the market is shifting towards SUVs.

“The T-Cross is a vehicle that we hope will be ushering in a revival for the Volkswagen brand in the Philippines,” Estrella said.

He said the company has already started to receive reservations for the T-Cross even before its formal launch next month. The T-Cross vehicles that will be sold in the Philippine market are assembled in China.

Volkswagen Philippines will be offering T-Cross at an introductory price of P1.068 million for the S variant and P1.168 million for the SE variant.

Estrella said the company would launch four new vehicle models this year. It has so far launched Santana, a subcompact sedan. (PNA)

0 0 votes
Article Rating
Subscribe
Notify of
guest

This site uses Akismet to reduce spam. Learn how your comment data is processed.

0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x