Better get a Golf now or you might not be able to get it anymore. Volkswagen has announced that it could stop selling the Golf stateside because of US economic woes. The weak dollar has put a lot of pressure on the badge as it isn’t selling as well in the US compared to Europe.
VW might as well prioritize funding marketing and sales of more profitable ventures in its quest to rival world leader Toyota. The Golf proved to be unpopular in the US with the Tiguan and Touareg doing better than the hot hatch. VW has been hit by billion-dollar losses due to weak sales and the weak dollar.
However, VW has intentions of putting up camp in the US to better penetrate the market. Having a factory on US soil would shave off costs put on by shipping and tax. But the US VW factory will only materialize in three years’ time and it is most likely that if the sales numbers won’t shape up, VW will be forced to bail out some of their models and we’d just have to wait for them to set up a US base.
Jun 19