Volkswagen on Tuesday introduced updates for its 2025 Jetta sedan to spice up gross sales amid industry-wide affordability considerations.

The entry-level model of the Jetta with an automated transmission will begin at $21,995 when it goes on sale, anticipated by the top of the third quarter, the corporate stated. That mannequin will exchange the present lower-priced mannequin of the Jetta, which has a guide transmission and has seen restricted gross sales since many drivers solely know learn how to drive autos with an automated transmission.

The adjustments come amid considerations round automobile affordability and rising automobile inventories following years of constraints because of the coronavirus pandemic and provide chain points.

The Jetta’s new beginning worth compares with the common transaction worth of a brand new automotive bought in Could of $47,455, in line with Cox Automotive.  

Volkswagen Group of America CEO Pablo Di Si advised CNBC earlier this 12 months that he noticed alternatives for the automaker to higher leverage the Jetta in North America.

“Everyone has a historical past of VW, notably on the Jetta,” he stated throughout an interview in February, citing a 60% improve in Jetta manufacturing in recent times.

Typically, gross sales of vehicles such because the Jetta have fallen from historic ranges amid the rise of crossovers and SUVs. However Jetta gross sales elevated 24% final 12 months to roughly 47,400 items within the U.S., making it VW’s fourth best-selling automobile in its American lineup.

The corporate additionally introduced on Tuesday that the 2025 Jetta will characteristic tweaked exterior and inside styling in addition to extra commonplace options.

The 2025 Jetta will come commonplace with a 1.5-liter, 158-horsepower turbocharged inline four-cylinder engine, matched with a typical eight-speed transmission. A “GLI” efficiency mannequin will proceed to supply a guide transmission.

2025 Volkswagen Jetta GLI

VW

Don’t miss these insights from CNBC PRO



Source link