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Volkswagen is discontinuing the iconic Beetle after 80 years on the market
Volkswagen will stop production of its iconic Beetle worldwide by July 2019 as it shifts its focus to electric vehicles. The company sold roughly 15,000 Beetles in the US in 2017, but at the height of its popularity in the late 1960s, the automaker sold more than 420,000.
Volkswagen will stop making its iconic Beetle after nearly seven decades on the market, the German automaker announced Thursday.
The first Beetles rolled off production lines in 1938. Their increasing popularity in the US in the 1960s prompted Volkswagen to build its first manufacturing plant in North America in order to meet the demand. That plant located in the state of Puebla, Mexico, is expected to make its last Beetle in July 2019.
The move comes as the market continues its shift toward SUVs and crossover vehicles.
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“The loss of the Beetle after three generations, over nearly seven decades, will evoke a host of emotions from the Beetle’s many devoted fans,”said Volkswagen US CEO Hinrich J. Woebcken in a statement.
Over the years, the Beetle became something of a cultural icon. It's perhaps most widely recognized for its role as a racing car named “Herbie” in the 1968 Disney film “The Love Bug.” Volkswagen sold about 423,000 Beetles in the US that year.
Volkswagen sold roughly 15,000 Beetles in US in 2017, a signal of its diminishing audience. Independent auto analyst John Wolkonowicz told the Los Angeles Times the current-generation Beetles mostly appealed to middle-aged women.
They "bought them, enjoyed them, and they're on to something else. Younger people don't know what the point is," he said.
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