Mar 7th, 2008 by RJ Menezes
After much speculation (and many enthusiastic hopes) Volkswagen has announced that the new Scirocco successor will not be coming to the states. The main reason seems to be the dollars weakness against the euro. This would mean the car would be too expensive if it came here and it might also affect GTI sales.
A spokesman for VW of America told Edmund’s online magazine, Inside Line, that “we have no plans” to import the Scirocco. The new coupe is being assembled in VW’s Portugal facility. It will be built alongside the Eos convertible.
The euro is now equal to roughly $1.52, which is an all-time low for the dollar. At the Scirocco launch this week in Geneva, VW said the car will go on sale in Europe priced from just over 26,000 euros. That would translate to roughly $40,000(!!!) Crazy money for a car in this class.
Detlef Wittig, VW’s global sales boss, said: “The exchange rate is the only reason for not selling the Scirocco in the U.S. This car would fit the U.S. market, but at the current exchange rate, we wouldn’t make any money.” Pretty blunt, but hey it’s pure honesty. It might upset the many Scirocco enthusiasts who have been waiting for this car for years, but I think they would be more upset at having to pay $40,000 for one.
Above & Below: To bad the dollar is so weak, this is a good looking car….
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