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Important dates for the release of the Volkswagen Up! models have been leaked. The highly anticipated city vehicle will have its world premiere on August 22 in Paris. Following the premiere, the Up! vehicle will be present at the Frankfurt auto show in September 2011, and the official release for the 3-door hatchback is scheduled for the end of 2011. The bigger 5-door hatchback will be released at the end of 2012, and the first MPV Up! and electric-powered models will be available in early 2013.
The three-door five-seater will feature a 1.0-liter gasoline engine and a 1.2-liter diesel engine, with an all-electric version to follow. The Up! will be half the size of a Volkswagen Golf and will cost around $10,000. The Up! variants will compete against the Toyota iQ and other very small compact cars.
[Source: VW Up! Blogspot]