The next generation of Volkswagen Golf Mk-7 will be launching in late 2012. It seems like the Golf Mk-6 having a much shorter life than the Golf Mk-5. The Golf Mk-5 which was 2.3 million units sold and it is expected that the production target for Golf Mk-6 will be 1.6 million units before end of sales. The current generation of Volkswagen Golf Mk-6 very similar to the previous generation, but uses a slightly modified platform of the Golf Mk-5. Looking at the Golf Mk-6, it looks more like a Golf Mk-5 facelift rather than a new model.
It is speculate that the new Golf will be having 11 range of engines, from 1.2-liter TSI engine (86 and 105 HP), followed by 1.4-liter TSI engine (122 and 160 HP), 1.6-liter TDI engine (90 and 105 hp), 2.0-liter TDI engine (140, 170 and 220 HP) and ending with the 2.0-liter TSI engine (220 and 300 HP).
source: Autoexpress
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UPDATES ABOUT GOLF MK7: All-New Volkswagen Golf World Premiere in Berlin – 06 Sept 2012