Wednesday, March 19, 2008

VW s Goal: To Overtake Toyota By 2018

Volkswagen AG, the largest European automaker, aims to double Toyota Motor Corp. as the biggest in the world in 2018. L & 39; objective can be achieved through the sale of 11 million vehicles.
Japan & 39; s Toyota won the world leader automaker this year, beating perennial leader General Motors Corp. of the United States with sales of over eight million vehicles.
According Capital, a German magazine, VW s & 39; expects to achieve its goal principally by & 39; increased sales of VW brand cars, which it hopes to increase & 39; 3.6 million to 6.5 million in 10 2018 & ; quot;, which was approved by the supervisory board of VW last week, when the company announced a 10-year plan & 39; investment of 28.9-billion.
The Wolfsburg-based d & 39; automobiles sold 5.7 million cars and trucks in 2006. Capital & 39; cited what he said was a VW confidential document entitled "Strategy 2018" which was approved by the supervisory board of VW last week, when the company announced a 10-year plan & 39; investment of 28.9 billion euros & 39; value (42.9 billion dollars).
The magazine said Added manufacturer VW & 39; ignition coil d planned to reorganize a wide range of cars while reducing costs.
VW declined to comment on the report and told the AFP & 39; his plan would be presented to the Heads of & 39; in December.
VW company, which owns the & 39; Audi, Seat and Skoda brands, is currently the fourth largest automaker after Toyota, GM and Ford, respectively.
At its base, The German automaker entertained a number of changes when the staff was appointed Martin Winterkorm after the eight-CEO. D & 39; other changes have also been taken by its Auburn Hills-headquartered counterpart. The changes were made in an effort to boost US sales while reviving the operations to profitability in States.
Recently Nations, it was announced that Volkswagen of America will be transferred from Auburn Hills, Michigan Herndon, Virginia, located in the metropolitan area of Washington DC.
To increase its presence globally, the automaker launched the Touareg and Passat TDi engine with & 39; in India & 39; s automotive September.
VW has already carved a remarkable name in the manufacture of small engines diesel. The automaker has partnered with Mercedes-Benz and & 39; other companies to produce the clean diesel technology BlueTec. In addition, the automaker offered a bouquet of product lines which Turbo Direct Injection () 2004 VW were powered by diesel engines. There was three-way tie for eighth - TDI Beetle, Golf TDI Jetta TDI. On the ninth place was the Jetta TDI Wagon. In addition, all Volkswagen TDI diesel engines manufactured since 1996 100 2007, the American government stringent regulations relating to emissions & 39; VW forced to abandon most of their diesel engine range Americans. However, a new range of diesel engines compatible with the standard American l & 39; will be due next year. beaux saul



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