Volkswagen Bets on Iconic Scout Brand in Renewed U.S. Push
May 11 2022 - 09:23AM
TipRanks
Volkswagen (VWAGY) plans to revive the iconic Scout brand in the
U.S. as it seeks a larger share of the world’s most profitable auto
market. According to a Wall Street Journal report, it plans to
build an electric Scout-branded SUV and pickup truck. The Scout is
an off-road vehicle model that launched in 1960 and became a major
competitor to Jeep, Land Rover, and the Ford Bronco. Its production
stopped in 1980. The Scout still has many fans, and Volkswagen
hopes to build on that popularity as it works to grow its share of
the U.S. auto market, especially in the electric segment.
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