Volkswagen development chief Heinz-Jakob Neusser has announced plans to introduce a Phaeton successor.

Volkswagen development chief Heinz-Jakob Neusser has announced plans to introduce a Phaeton successor.

After years of rumors and speculations, Volkswagen has finally confirmed the company's intentions for a second generation Phaeton to replace the current model which has been on sale since 2002, albeit it has received a couple of facelifts over the years. Naturally, it will sit on top of VW's range and according to development chief Heinz-Jakob Neusser it will have "to be class leading" as well as "very smooth and luxurious."

The Phaeton failed to become a sales hit but even so Volkswagen believes it has been an important model for the brand as it represented a technology flagship which allowed the German marque to develop new systems that later on arrived on lesser models. The same thing will apply for the second-gen Phaeton which will ride on the firm's upcoming MLB platform.

Neusser reiterated the company's decision not to roll out a compact sportscar inspired by the attractive BlueSport concept. Although he "personally likes the idea, as do all the engineers" it seems there isn't a business case because "the segment is so small." However, we believe there won't be such a model because VW is afraid it could cannibalize sales of the recently introduced third generation Audi TT.

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