Volkswagen is on a mission to cut costs and that means models will be shown the door. According to a report from German publication Der Spiegel, Volkswagen CEO Martin Winterkorn said last June he would like to cut 5 billion Euros.
Models that are being considered to get the ax include the three-door variant of the Volkswagen Polo. The reason for the cut is that the popularity of three-door hatchbacks has been declining in Europe. A key example of this is rival Renault dropping three-door version of the Clio. Dropping the three-door Polo variant would save around 200 million Euros.
Der Spiegel also reports that the Beetle could be on the chopping block.
A Volkswagen spokesman said "there are no decisions yet" on the future of the Beetle and Polo to Reuters.
Source: Der Spiegel, Reuters
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