Companies Volkswagen AG FollowBERLIN, April 2 (Reuters) - Volkswagen (VOWG_p.DE) does not plan to develop a new combustion engine generation of its legendary Golf car, brand chief Thomas Schaefer told autos publication Automobilwoche on Sunday, marking the end of the line for a vehicle on sale since 1974.
The Golf 8, currently in production, will be the last combustion engine version of the hatchback car, with one more series of updates expected next year.
The Volkswagen brand, part of the Volkswagen Group, is targeting 80% electric sales in Europe and 55% in North America by 2030.
The group is targeting 50% electric sales globally by then.
It is due to launch 10 new electric models by 2026, including a battery-electric car for under 25,000 euros($27,000).