VW to sell only flex-fuel cars in Brazil
Tue 28 March 2006
View all news
Volkswagen has announced that it is to stop making cars that can run only on gasoline for the Brazilian market this year and will concentrate wholly on flex-fuel vehicles that run on any mix of bioethanol and gasoline.
By the end of the year VW say that 100 percent of the company's local production will include with flex-fuel technology.
Volkswagen was the first company in Brazil to launch a flex-fuel engine. Other major carmakers like Ford and General Motors soon followed suit, and today Brazil's new-car market is dominated by these this type of vehicle.
Flex-fuel vehicles accounted for nearly 77 percent of all new-car sales in Brazil in February this year, up from about 30 percent just over a year ago, according to industry data.
Related Links
News link (via Reuters)
< Back to news list