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http://www.autoweek.com/news.cms?newsId=103583
The Phaeton's U.S. sales tumbled to 686 in the first 10 months of 2005 from 1,433 in the year-ago period. That's a 52.1 percent drop.
VW prices the Phaeton at $68,655 for a V-8 model, including a $1,300 gas-guzzler charge. The 12-cylinder version starts at $100,255, including a $3,000 gas guzzler charge.
By contrast, the most expensive four-door VW Passat sedan starts at $32,515 for a 3.6-liter VR6 model.
VW plans to announce the Phaeton decision to dealers today, Nov. 14. Wolfsburg expects Phaeton sales to end in the U.S. market next July or August.