(http://media.il.edmunds-media.com/volkswagen/passat/2012/ns/2012_volkswagen_passat_actf34_ns_52611_196.jpg) Volkswagen on Thursday announced that it is cutting the price of the redesigned 2012 Passat by $7,180 versus the 2010 Passat, thus undercutting the base 2011 Toyota Camry and Honda Accord.
Source: Volkswagen Slashes Price of 2012 Passat by $7,000, Undercutting Japanese Rivals (http://www.insideline.com:80/volkswagen/passat/2012/volkswagen-slashes-price-of-2012-passat-by-7000-undercutting-japanese-rivals.html)