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I have to say that the news is somewhat shocking, particularly with the track-record of the Phaeton in America...
As one of the bigger VW guys on these boards, I guess I'd have to say that I'm somewhat happy to see the car coming back... But then again as a realist when it comes to the American market, I do have to ask what exactly they are thinking. I mean this car sold poorly... Not just poorly, but oh my God they couldn't move them worth anything, and they sat and sat and sat until the last few dried up a year ago. Even worse, the resale values put the $70K car in free-fall mode, in some cases nearly halving the value of the car in a year. A good used car buy? You bet. Brand new? You've got to be kidding...
But I liked having a true flagship at VW, and the Phaeton certainly filled that role. However, I think VW overshot where they should have been with the car. Even if they came back with the exact same car as before, they need to turn the price down to make it seem like a better deal. If the pricing started in the $40K range, it would have made a lot more sense, as it would have been a logical step forward from the Passat in size and luxury.
...So we'll see. As noted, it is unclear if we're getting the model we've already had (albeit with improvements) or the all-new model next year...
LLN.comVolkswagen intends to reintroduce its Phaeton luxury sedan to the U.S. market, according to VW of America spokesman Andreas Meurer. Mr. Meurer made the announcement during an interview with Bloomberg.
Adrian Hallmark, the company's Executive Vice President, said VW expects its U.S. operations to break even in 2009. He said sales in 2007 would be flat, while the company focuses on preparing new models for 2008 and 2009.
Volkswagen pulled the Phaeton from the U.S. market in late 2005 due to poor sales. It's unclear when the Phaeton will return to America. Meurer said it would be reintroduced when the next version goes on sale worldwide.
It's not known if Meurer was referring to the facelifted 2008 Phaeton revealed last week and on sale this summer or the next-generation model due some time after 2009.
As one of the bigger VW guys on these boards, I guess I'd have to say that I'm somewhat happy to see the car coming back... But then again as a realist when it comes to the American market, I do have to ask what exactly they are thinking. I mean this car sold poorly... Not just poorly, but oh my God they couldn't move them worth anything, and they sat and sat and sat until the last few dried up a year ago. Even worse, the resale values put the $70K car in free-fall mode, in some cases nearly halving the value of the car in a year. A good used car buy? You bet. Brand new? You've got to be kidding...
But I liked having a true flagship at VW, and the Phaeton certainly filled that role. However, I think VW overshot where they should have been with the car. Even if they came back with the exact same car as before, they need to turn the price down to make it seem like a better deal. If the pricing started in the $40K range, it would have made a lot more sense, as it would have been a logical step forward from the Passat in size and luxury.
...So we'll see. As noted, it is unclear if we're getting the model we've already had (albeit with improvements) or the all-new model next year...