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VW Poised to Phase Out Eos Cabriolet

Volkswagen AG confirms a report by Automobilwoche that it will end production of its Eos hardtop convertible by June.

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Volkswagen AG confirms a report by Automobilwoche that it will end production of its Eos hardtop convertible by June.

VW built about 230,000 of the two-door cabriolet at its factory in Setubal, Portugal, since the car was introduced in 2006. But sales last year shrank to 3,200 units as European demand for convertibles dropped 20%.

CEO Martin Winterkorn signaled the demise of the car last autumn, telling Der Spiegel the car's future was "seriously being reconsidered."

Gardner Business Media - Strategic Business Solutions