Vw might reach its ambitious goals for 2018 sooner than expected

Article by Christian Andrei, on February 25, 2011

Volkswagen AG might achieve its ambitious goals for 2018 earlier than expected, according to an Automotive News Europe interview with Christian Klingler, VW Group's board member responsible for sales and marketing. He said that the VW Group aims to be the global market leader by 2018 in sales and it hopes to do this by selling more than 10 million units.

He believes that this goal “seems more achievable than it did before.” He added that it’s even possible that the VW Group will reach this goal earlier.

In 2010, VW Group was at third place globally with 7.14 million sales. At the top position is Toyota Motor Corp. with 8.42 million units while General Motors Co. was second with 7.56 million units sold. Klingler said that for 2011, the VW Group wants to “grow at least as vigorously as the market."

The VW Group sees great growth potential in Asia and in China, it anticipates a big increase in car output and a rapid expansion of its dealer network to about 3 million vehicles by 2013-2014.

The group seeks to double the number of its VW (dealer) locations in China to about 2,000 over the next five years. He expects the number of dealership for all brands in China to be 2,500. [via autonews - sub. required]

Topics: vw

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