A new vintage car, the world has seen.
But the next wave of luxury brands may not.
This time, it’s the American brand Volkswagen.
The car maker announced it will debut a $50 million car at the Tokyo Auto Show, as part of its plans to expand into the Japanese market.
VW said it will offer a $100,000, four-seat hatchback with a 2.0-liter turbocharged four-cylinder engine that produces 1,200 horsepower.
That engine is said to make the car quicker than the outgoing Golf GTI, a model that is expected to start shipping in 2020.
The Volkswagen GTI is one of the best selling luxury cars in the world, but it’s not the only car on the horizon that could be a contender for the title.
The Audi R8 is coming off a sales run of 3.8 million units, and the Porsche 918 Spyder is expected in the next two years.
But VW has a different plan.
The company will make the first-ever off-street version of the Golf GTi, VW said.
VW’s first off-market version will be called the “GTi GTI.”
That will include the new engine, a rear-mounted, 1.4-liter engine that VW says produces 1.2 million horsepower, and a six-speed manual transmission.
The vehicle will cost about $50k, and will be available for purchase in 2020 and 2021.VW also plans to introduce a four-door hatchback, dubbed the GTi GT, with a new 2.4L turbocharged engine.
The car will cost $60k, but is expected for launch in 2021 and 2022.
That would put it a few years ahead of the Volkswagen GTi.
It will have a base price of $68,000 for the base model, with options available for about $12k.
It will also have a $15k option for the GTI GTI 2.5 Sport package, which is the most expensive of the two versions.
This includes the turbocharged 3.0L engine and the six-speaker audio system.
Volkswagen is also promising a new all-wheel drive system that will have six gears, up from five.
It has a range of $90k, $120k, or $150k, depending on the options, but the most affordable GTI comes in at about $90,000.
Volkswagen has said that it is not going to offer a luxury version of its first car, as it is too expensive for the market, and that the brand’s plans to develop luxury vehicles are not geared towards the luxury market.
But Volkswagen’s plans do make sense for the company.
It has been struggling to make its GTI and Golf GTIs, which were both introduced in 2014, profitable.
The company had to raise about $100 million to keep those two models afloat.