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Phaeton/VW/Audi in today's WSJ

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Old May 7, 2003 | 11:53 PM
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Default Phaeton/VW/Audi in today's WSJ

Volkswagen Stalls on Several Fronts

With its Phaeton sedan, Volkswagen last year joined the parade of auto makers trying to tap the luxury market. But only 3,009 moved off lots by the end of the year, underscoring the auto maker's problems and offering a cautionary tale for the plunge into luxury.

...

heh, I'm sure some of us saw this coming...<ul><li><a href="http://online.wsj.com/article/0,,SB105234235391771900,00.html?mod=home%5Fpage%5F one%5Fus">WSJ Article (Subscription required)</a></li></ul>
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Old May 8, 2003 | 03:31 AM
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What the H*LL were they thinking?
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Old May 8, 2003 | 04:26 AM
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Default VAG management convinced themselves they could sell a car.....

wearing a VW badge for $100K (all options in Europe). Gee, what a surprise it's a slower seller.....
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Old May 8, 2003 | 06:02 AM
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Default If VW really wants to play they will need to do like Lexus & infinity - build a new brand.

You would think after similar flops with 929s, Millenniums, Cresida , ect. that trying to turn what many preceive as an "economy" brand in to a "luxury" brand is an up hill battle. I still think its funny that in Japan - Toyota sells what comes here as Lexus.

But wait - VW already has Audi !!!! oops that's the sport brand only. Ahh - the Tuetonic mindset.
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Old May 8, 2003 | 09:36 AM
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Default Try this link...

<ul><li><a href="http://wsj.emailthis.clickability.com/et/emailThis?clickMap=viewThis&amp;etMailToID=1690131 272">non-subscription link</a></li></ul>
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Old May 8, 2003 | 10:05 AM
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Default Yup, Audi is where this should have gone

if it was necessary to do it at all. I gotta think this is, to tweak the saying, a German thing, you wouldn't understand.

It's like us trying to sell SUVs in Europa.
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Old May 8, 2003 | 10:31 AM
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Default That's true, the Lexus name brand is unknown in Japan, except...

the status buyers, who import back into Japan left-hand drive Lexus versions, just to be different. Toyota does use, however, the Lexus name plate elsewhere in Asia.
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Old May 8, 2003 | 10:34 AM
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Default That's an excellent question.

The VAG CEO was already quoted in February, offering his opinion that there is no qualitative difference or brand hierarchy between VW and Audi.
With one swoop, he K-oed perceptions of Audi as a premium brand, and no doubt alienated thousands of current Audi owners here in the USA. I did not need to read that my A6 Avant is no different than a Passat wagon with 4-motion.
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Old May 8, 2003 | 11:55 AM
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Yes, I remember that quote ALL too well. BrianMA summed it up "Painful read."
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