VW Polo Track Teased, First Model In New Compact Car Family

It will be launched in South America in 2023.

The ongoing shortage of chips has caused Volkswagen to reduce the number of infotainment screens available in Brazil. However, the automaker still has great plans for the country. Volkswagen today announced that it will invest EUR1 billion (or $11.6 billion at current exchange rates). It will also launch a new line of compact cars.

It is called the VW Polo Track and will be the brand’s first compact car. It will be based on the MQB platform of the company, which underpins many other VW and VW Group model. The details are not available at this time, but the new entry level segment will be available in Latin America in 2023. VW will construct the new Polo Track in Taubate (Brazil). VW’s major investment is coming as the company expects a “positive outcome” in the region, for the first time since 2013. This investment will be spread over five years and will help bring local vehicle projects into South America. The company launched 20 new models in the South American market in four years after making a concerted effort for its lineup updates.

This investment is part the company’s efforts to digitize its products, decarbonize its operations and create a new biofuel research centre in the region. VW is betting big for a green future, with connected cars and next-generation features. VW is working hard to make an all-electric future. It has made bold promises to produce dozens of new EVs, and hybrids by the end the decade. As its combustion engine business slows down, VW has been pushing to reinvent itself. The market share for EVs is still very small. They are still gaining in popularity each year, as technology improves and consumers see the benefits of EVs. They can be recharged at home and don’t have to worry about regular oil changes.