Volkswagen overcame the switch from a seller's market to a buyer's market during the earlier 1960s without a slump in sales by adding the VW 1500 to its product range. It was available in five body styles: Saloon, estate-car, convertible, a two-seater coupe and a cabriolet. The "type 3" was a totally new car with a new chassis, body and engine. It was a typical Volkswagen clearly based on the Beetle concept. Of these five body styles that were first exhibited at the Frankfurt international Motor Show, only three made it to production: The Saloon, "Variant" (estate) and the Karmann-Ghia coupé, which occupied the market above the existing Karmann-Ghia model.
Article source: www.volkswagen.co.uk