Phaeton/VW/Audi in today's WSJ
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.
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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>
But wait - VW already has Audi !!!! oops that's the sport brand only. Ahh - the Tuetonic mindset.
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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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