As the Volkswagen Group last year increased its sales by 4.9 % to reach record 9.73 million vehicles delivered, it now expects 2014 to top the 10 million mark.
As it struggles to eventually overcome Toyota and become the world’s biggest automaker, Volkswagen – which is Europe’s biggest automaker – contended in 2013 to snatch in a narrow win the No.2 position from General Motors.
As the German carmaker forecasts it will comfortably surpass the 10 million vehicles mark across its various brands this year, it also counts on reaching a sales target that was previously set for 2018. With the target now within reach, the company said its passenger car brands will focus on improving earnings, as the new modular platform – MQB – that underpins all new models is starting to show its cost-cutting effectiveness.
Excluding its truck businesses unit – comprised of the MAN SE and Scania heavy-trucks brands, Volkswagen reported sales increased 4.7% in the first two months of the year, for a tally of 1.47 million vehicles.
The company also aims to sustain the sales growth through 2015 with the addition over the course of the two years of more than 100 new or refreshed models across the Group.
by Aurel Niculescu
) - Thursday, March 13th, 2014 - filed under Industry
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