Volkswagen mulls low-cost subbrand in emerging nations

9:17 AM, Oct 14, 2012   |    comments
(Photo: LAKRUWAN WANNIARACHCHI AFP/Getty Images)
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But not here. It is it thinking of creating a low-cost subbrand by 2015 in emerging nations and Europe, not the U.S., Reuters reports.

How cheap? Try $6,500 to $12,900 for a model line that may come to include a minivan, wagon and small sedan.

"We're regularly looking at new segments and interesting markets which also include so-called budget cars," VW spokesman Eric Felber tells Reuters. "But a decision has not been taken yet."

VW would save money on the line by using older engine technology. There would be no frills, or what used to be considered frills, like air conditioning or airbags.

Hello? Original VW Beetle? Your moment may have come.

(Copyright © 2012 USA TODAY)