CEO Martin Winterkorn wants VW to become the world’s number one automotive group by 2018. While the company is currently is Europe’s number one and it has increased its sales in China, Russia and Brazil, in the U.S., despite posting a 31 percent increase in 2012, it trails both General Motors and Toyota.
With its European sales having plunged by 15 percent due to the debt crisis and the market set for another decline in 2013, the sixth in a row, the German group is focusing its push in the Americas.
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