Saturday 2 June 2012

Volkswagen gazes at 5% of sales increase in 2011 following record deliveries


Volkswagen AG project sales universal will raise 5 percent present year, past reporting record deliveries last year in 2010, increased by growth in China and other emerging economies.

There is an increase of 14 percent from 2010 as the Europe’s largest automaker sold 7.14 million cars and sport-utility vehicles in 2010, sales Chief Christian Klingler told reporters at the Detroit auto show today. VW group sales in December surged 23 percent to 545,400 units.

“We will continue to fight for every vehicle in the respective growth regions,” Klingler said, citing VW’s Golf and Audi’s Q5 SUV among last year’s best-selling group models.

Wolfsburg, Germany-based Volkswagen is counting on additional growth in Brazil, Russia, India and China, together with momentum in the U.S., to narrow its gap with Toyota Motor Corp., Chief Executive Officer Martin Winterkorn said in Detroit. VW, which will start a plant in Chattanooga, Tennessee by April, has an ambition of exceeding Toyota in sales and profitability by 2018.

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