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The two-seat, three-door subcompact will be laid out similarly to the Smart fortwo, and shares underpinnings with the Up but is shorter and lower to reduce drag and improve fuel economy.
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Design cues will be similar. Projected powertrains include a 1.2 liter four-cylinder gasoline engine with cylinder deactivation, a 1.2 liter three-cylinder common-rail diesel shared with the next-generation Polo, and Volkswagen is considering the possibility of an electric Chico as well.
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Fuel economy projections range from 117 to 141 mpg for the diesel. Efficiency will be further improved with regenerative braking, stop-start fuel shutoff systems, and low rolling resistance tires.
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The frugal Chico could be on sale in the UK as early as 2011, with a £6000 starting price. If there are plans to sell the car in the U.S., Volkswagen hasn't revealed them yet.
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Insiders report that Volkswagen doesn't plan to be left out of the growing city-car market. The brand that practically invented the "people's car" is fast-tracking a shortened production version of the Up concept to compete with the Toyota iQ and Smart fortwo.
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The new entry-level car is expected to be called "Chico," using the name of a 1991 Volkswagen concept car.
via:
World Car Fans
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