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Volkswagen denies rumours regarding cars of less than 8,000 euros (Volkswagen baut kein Auto fur weniger als 8000 Euro).

Europe Intelligence Wire

| October 11, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Die Welt)

German company Volkswagen, Europe's largest carmaker, has denied rumours that it is planning to launch a model for less than 8,000 euros in Europe. Company spokesman Hans-Gerd Bode said at the weekend that the group will not start selling passenger cars for less than 8,000 euros in Europe.

A German magazine had reported that Volkswagen might decide to start distributing a low-price Brazilian or ...

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