Volkswagen to Release Jetta Hybrid;

The German automaker Volkswagen has announced that they will be releasing a Jetta Hybrid vehicle to stay competitive in the electric vehicle market in the future. Volkswagen owns several high class popular and luxury brands such as Audi, Bentley, Bugatti, Lamborghini, SEAT, and Skoda Auto which can be purchased at a discount with North Carolina used car loans.

Volkswagen is the 3rd largest manufacturer in the world with Toyota as the number one manufacturer in 2009 and GM as second in 2009. Ford, whose most recent models can be purchased at a Ford dealer, is attempting to break into the top 3 with improving sales and the new 2011 Mustang. Volkswagon aims to become the largest automaker in the world by 2018 and the new Jetta Hybrid is a great step in that direction.

The 2012 Jetta Hybrid is an attempt to take larger shares of the hybrid and electric market by Volkswagen. Volkswagen hopes to take three percent of the electric vehicle market by 2018. Volkswagen has demonstrated hybrid capacities with the Touareg Hybrid that was demonstrated at the 2010 Geneva Motor Show. The Touareg Hybrid will go on sale toward the fourth quarter of 2010.

The Detroit Auto Show gave Volkswagen the opportunity to show the Jetta's hybrid technology. The demonstrated technology showed a 45 mpg capacity with a 1.4 liter 150 horsepower four cylinder engine operating in conjunction with an electric motor and seven speed transmission.

Volkswagen also intends on coming out with a fully electric minicar and hybrid versions of the Golf and Passat. The electric vehicle market is highly competitive with several manufacturers such as Ford, GM, and Toyota leading the way with several upcoming electric or hybrid models. Nissan's Leaf is also another strong competitor in the electric vehicle market. Toyota recently announced a partnership with Tesla which may result in a new Toyota vehicle with the latest battery technology.