German carmaker Volkswagen wants to overtake Japan''s Toyota as the world''s
number one carmaker by the year 2014 or 2015, according to German industry magazine
Auto Motor und Sport.
magazine has quoted Michael Kern, head of sales and marketing for the VW Brand,
as saying that the company wants to overtake Toyota in volumes and profitability.
It further states that over the next three years VW will bring 12 new models to
market, and will expand its presence in the United States, Russia, India and other
Motor und Sport cites company sources when saying that VW''s internal planning
assumes that the company will surpass Toyota measured by production volumes by
about 2014 or 2015.
to the magazine, Toyota is expected to produce 9.34 million vehicles this year,
and US auto major General Motors (GM) around 9.3 million.
Motor und Sport quotes Kern as saying that VW''s 2007 output would be in excess
of 6 million vehicles.