The Concept C, which was presented at this year's Geneva show, already hints at the proportions of the new convertible.
With a length of 4.41 meters and a width of 1.81 meters, the car is positioned between the Golf V and the next-generation Passat.
The niche model will share important components, such as axles, DSG transmission and engines, with the two volume cars.
The Concept C already is fitted with the FSI 150hp gasoline engine, which will be available at the market launch of the four-seater with a folding steel top. Because of costs, the Concept C's glass roof middle section probably will not be available on the production model.
The convertible concept car is "promising," said VW group chief Bernd Pischetsrieder. He would not disclose the production location but it could be built at the Setubal plant in Portugal, which manufactures the Sharan van.
According to an VW insider, the marketing managers from Wolfsburg aim for the base price of the new car to be "significantly less than 30,000 euros." The base price should be no more than 8,000 euros higher than that of the current VW Beetle convertible, which starts at 20,075 euros.