Volkswagen AG said Monday it was targeting a further increase in deliveries and revenues in 2012 despite difficult trading conditions in Europe as the region's biggest carmaker by sales revealed that its board's overall pay would be almost doubled to euro70.59 million ($93 million).
Volkswagen AG, Europe's biggest carmaker by sales, is targeting a further increase in deliveries and revenues in 2012, as it reported a a big drop in net earnings for the fourth quarter of last year.Volkswagen, ...
TOKYO — Toyota Motor Corp kept its lead over rivals General Motors Co and Volkswagen AG this year, January-September global sales figures showed, as the Japanese carmaker closes in on a record annual profit.
Toyota’s groupwide sales totalled around 7.412 million vehicles, up 0.1% from the same period a year ago, the company said on Monday, as strong sales in the United States offset slowdowns in Thailand and China.
Toyota’s groupwide total includes sales at affiliates Daihatsu Motor Co Ltd and Hino Motors Ltd.
Japan's Toyota Motor Corp. said Monday its global vehicle sales fell 13 percent in 2009 to about 7.81 million vehicles, reducing its lead over Germany's Volkswagen, which enjoyed a record year.It was a dramatic turnaround from 2008, when Toyota ended the 77-year reign of US giant General Motors as the world's top-selling automaker with sales of 8.97 million vehicles, including subsidiaries Hino and Daihatsu.Now Volkswagen, Europe's biggest carmaker, aims to overtake Toyota by 2018 as the global number one.
Auto sales by the biggest European carmaker, Volkswagen, rose 11.4 percent in April, a much slower pace than during the first three months of the year, figures showed Monday."Despite the very positive performance to date, we remain cautious about our forecast for the full year. It is still very difficult to predict macroeconomic developments," sales director Christian Klingler said in a statement.