Volkswagen: On track to become world's biggest car maker by 2018

Tuesday, February 02, 2010

Volkswagen: On track to become world's biggest car maker by 2018

Volkswagen is on track to become the world's biggest car maker in 2018.

Toyota announced earlier this week that it expects its global auto sales to increase 6 percent in 2010, hoping to maintain its lead over Volkswagen and General Motors as the world’s biggest automaker. However, around eight years from now, Volkswagen AG’s CEO Martin Winterkorn believes his company will become the worlds biggest automaker, outpacing Toyota and General Motors.

Winterkorn predicts that the group’s seven car marquees – VW, Audi, Skoda, Seat, Lamborghini, Bentley and Bugatti – will together account for more than 10 million car sales a year by 2018. He said that the company plans on revealing 60 “new models and new model revisions” this year alone.