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, ...
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.
(DETROIT) — Toyota has once again dethroned General Motors as the world’s top-selling automaker. The Japanese company sold 9.7 million cars and trucks worldwide in 2012, although it’s still counting. GM sold 9.29 million. Both companies saw higher sales, but Toyota’s growth was far larger as it rolled out new versions of popular models like the Camry. GM executives promised sales growth this year, especially in the U.S. Both companies say publicly that they don’t care about who wins, but concede that the crown is an important morale booster for employees.
(DETROIT) — Toyota has once again dethroned General Motors as the world’s top-selling automaker. The Japanese company sold 9.7 million cars and trucks worldwide in 2012, although it’s still counting. GM sold 9.29 million. Both companies saw higher sales, but Toyota’s growth was far larger as it rolled out new versions of popular models like the Camry. GM executives promised sales growth this year, especially in the U.S. Both companies say publicly that they don’t care about who wins, but concede that the crown is an important morale booster for employees.
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.