HONG KONG (AP) With a new luxury sedan called the H2, Volkswagen and Volvo will launch their second luxury brand in the U.S. in 2017.
The H2 will go on sale in the United States later this year.
VW’s $49,995 sedan is priced below the $55,000 Honda Accord, but more than the Nissan Rogue.
The car has more interior space and is priced less than the Porsche Panamera S and Mercedes-Benz S-Class, according to Auto Trends.
Volvo has a $56,495 SUV called the V60, which is a smaller version of the company’s luxury brand.