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Volkswagen of America Announces 2001 Model Year Pricing

28 July 2000

Holds Prices On Its Top-Selling Models
    AUBURN HILLS, Mich. - Volkswagen of America, Inc. announced that it will 
hold the line on prices of its top volume 2001 models, signifying another 
consecutive year the German automaker has not raised the base prices of its 
most popular cars.

    For 2001, Volkswagen's best-selling Jetta GL and GLS models will be priced
at 1999 model year levels with a Manufacturer's Suggested Retail Price (MSRP)
of $16,700 and $17,650 ($17,995 and $18,700 for the TDI engine) respectively.
The MSRP for the V6 equipped Jetta GLS also remains at its 1999 level of
$19,950.  The top-of-the-line Jetta GLX is priced at $24,300, up $130 from
last year.

    Marking the second consecutive year without a price increase, Volkswagen's
most popular New Beetle choices usher in the new model year at 1999 levels: GL
and GLS models carry a 2001 MSRP of $15,900 and $16,850 ($17,900 for TDI, and
$19,000 for a 1.8 T) respectively.  With the addition of many standard items,
the top-of-the-line New Beetle GLX model price goes up $100 in 2001 to $21,175
(vs. 21,075 in 2000).

    For the third consecutive year, Golf GL and GLS prices remain unchanged at
$14,900 and $16,350 ($16,195 and $17,400 for the TDI engine) respectively.

    For 2001, Volkswagen's Cabrio becomes even more accessible with the
addition of a newly realigned base GL model priced at $19,600, $390 less than
last year's lowest priced GL.  With this model realignment, the Cabrio GLS is
value priced and newly equipped at $20,600 (versus $23,300 in 2000).  A new
top-of-the-line GLX joins the Cabrio stable at a MSRP of $22,300.

    On an equipment adjusted, sales weighted basis, the average equipped
vehicle price increase for all 2001 Volkswagen passenger cars (excluding the
realigned Cabrio lineup) is 0.02 percent, or $4, when compared to 2000 models.
    The German automaker announced slight price increases for its Passat model
lineup (see below), which receives some significant equipment upgrades
including Volkswagen's Side Curtain Protection that helps protect the heads of
front and rear occupants in severe side-impact collisions.

    Volkswagen also announced some new prices for some of its optional
equipment.  The average option price increase is $44 across the Volkswagen
2001 lineup, excluding the realigned Cabrio.

    The destination charge for all Volkswagen passenger cars, which is not
included in the MSRP, remains at the 2000 level of $525.

            2001 Volkswagen Manufacturer's Suggested Retail Prices

    Golf GL 2.0L                    $14,900
    Golf GL TDI                     $16,195
    Golf GLS 2.0L                   $16,350
    Golf GLS TDI                    $17,400
    Golf GLS 1.8 T                  $17,900

    GTI GLS 1.8 T                   $19,275            up $50
    GTI GLX 2.8L                    $22,900            up $280

    Jetta GL 2.0L                   $16,700
    Jetta GL TDI                    $17,995
    Jetta GLS 2.0L                  $17,650
    Jetta GLS TDI                   $18,700
    Jetta GLS 1.8 T                 $19,200
    Jetta GLS 2.8L                  $19,950
    Jetta GLX 2.8L                  $24,300            up $130

    New Beetle GL 2.0L              $15,900
    New Beetle GLS 2.0L             $16,850
    New Beetle GLS TDI              $17,900
    New Beetle GLS 1.8 T            $19,000
    New Beetle GLX 1.8 T            $21,175            up $100

    Passat GLS 1.8 T                $21,450            up $250
    Passat GLS 1.8 T Wagon          $22,250            up $250
    Passat GLS 2.8L                 $24,050            up $250
    Passat GLS 2.8L Wagon           $24,850            up $250
    Passat GLS 2.8L 4MOTION         $26,875            up $350
    Passat GLS 2.8L 4MOTION Wagon   $27,675            up $350
    Passat GLX 2.8L                 $28,210            up $555
    Passat GLX 2.8L Wagon           $29,010            up $555
    Passat GLX 2.8L 4MOTION         $31,035            up $655
    Passat GLX 2.8L 4MOTION Wagon   $31,835            up $655