The Polo, which sells from about €20,000, is the second best-selling Volkswagen model globally, and is made in plants in Brazil, China, Spain and South Africa. Its demise would be the latest affordable model to disappear in Europe, coming after Ford ceased making the Fiesta earlier this year.
Faced with a wide variety of predictions for the share of electric vehicles in new car sales by 2030, many carmakers are pondering whether there will be enough demand for petrol models at the end of this decade to invest in new models altogether.VW already plans to make a €25,000 electric model in 2026, called the ID2. It is planning an even cheaper €20,000 battery car for the end of the decade, provisionally known as ID1, which could fill the gap if the Polo were to be taken off the market.
The industry has warned that the new rules will disproportionately push up the price of small petrol cars because of the need to absorb the cost of expensive emissions reduction systems.
United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: IrishTimesBiz - 🏆 6. / 77 Read more »
Source: IrishTimes - 🏆 3. / 98 Read more »