The reborn Borgward brand has teased its first new model in over five decades as it plans to re-join the automotive manufacturing world.
As previously revealed, the new model will be an SUV. Borgward is clearly looking to capitalise on the booming category which has seen sales soar in numerous markets around the world (including Australia).
Little else is known about the comeback model, but reports out of Europe suggest the SUV will feature a plug-in hybrid variant.
Early sales success in China for its bread-and-butter SUV could see the cash rolling in quickly for Borgward - depending on where the Chinese economy goes from here.
If it can get a foothold there with a bread-and-butter model, and become profitable, the company may be able to expand its range more quickly than having to rely on the lower volumes that would likely flow from a higher-spec entry to the market.
Those models could come later for Borgward, as the company originally promised a range of luxurious models with bold styling.
The company is also known to be focusing on the European market, eventually, and is based in Germany.
The carmaker has big plans for the future, with Mr Knöss telling the UK’s Autocar in March that an annual production run of 800,000 is planned by 2020, rising to 1.6 million by 2025.
Stay tuned to TMR for more news on the Frankfurt Motor Show.
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