Subscribe free to our newsletters via your
. Space Industry and Business News .




CAR TECH
VW hits global sales record, still trails Toyota
by Staff Writers
Detroit, Michigan (AFP) Jan 13, 2013


Volkswagen posted record-breaking global sales in 2012, up 11 percent at 9.07 million, but the ambitious German automaker continues to trail Japanese rival Toyota.

VW, which aspires to be the world's biggest automaker by 2018, has a fair way to go to surpass the current champion, as Toyota has forecast that 2012 sales will jump 22 percent to 9.7 million vehicles.

GM, which briefly regained the crown after Toyota's supplies were shattered by the 2011 Japanese quake and tsunami, has not yet forecast or released its global sales figures for last year.

VW chief Martin Winterkorn expressed confidence for the future.

"This industry remains a growth industry worldwide and in this country," Winterkorn told reporters on the eve of the Detroit auto show.

"We want to outpace the industry," he said, adding "the VW group developed extremely well in difficult conditions."

However sales chief Christian Klingler cautioned progress could be slower this year if the situation in Europe continues to deteriorate.

"Present uncertainties will intensify in 2013," he said, adding "markets remain challenging, competition is getting tougher."

The 12-brand giant's sales jumped 34 percent in the United States, eight percent in South America and 25 percent in China, VW's largest market with 2.81 million vehicles sold last year.

The group hopes to sell "well in excess" of 600,000 Volkwagens and Audis in the United States this year, up marginally from 596,100 in 2012.

Sales were stable overall in Europe despite the economic crisis, but were down 6.5 percent in Western Europe excluding Germany at 1.85 million.

It nonetheless performed much better than the number two European automaker, France's PSA Peugeot Citroen, which saw its sales plummet 16.5 percent in 2012.

Among VW's various brands, the European crisis hit Spain's Seat hardest as sales fell 8.3 percent. The group's other brands, VW, Audi, Porsche, Skoda and its commercial vehicles, delivered gains of 4.1 to 11.7 percent.

.


Related Links
Car Technology at SpaceMart.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





CAR TECH
Triumphant Detroit set to shine at auto show
Chicago (AFP) Jan 12, 2013
The Detroit Three carmakers return triumphantly to their hometown auto show Monday flush with profits from popular vehicles and the rewards of successful - though painful - restructuring. But the competition is not standing still, and with the United States one of the few bright spots in the automotive market, the fight for customers will be fierce. "I don't think there's an automotive ... read more


CAR TECH
Study reveals ordinary glass's extraordinary properties

Bottom-up approach provides first characterization of pyroelectric nanomaterials

Chemical modules that mimic predator-prey and other behaviors

Government funding for 'super-material'

CAR TECH
TS Receives Funding For SNAP Deployable Satellite Systems Equipment

MUOS Waveform Will Improve Secure Communications Capabilities

DARPA selects SwRI's K-band space crosslink radio for flight development as part of System F6 Program

BAE pulls out of Australian comms tender

CAR TECH
Roscosmos Releases Report On Proton Launch Anomaly

Russia plans replacement for Soyuz rocket

Arianespace's industry leadership will continue with 12 launcher family missions planned in 2013

Arianespace addresses The Insurance Institute of London

CAR TECH
New location system could compete with GPS

Beidou's unique services attractive to Chinese companies

China eyes greater market share for its GPS rival

Researchers told to ward off navigation system interference

CAR TECH
China-owned BOC Aviation says ordering 50 Airbus A320s

Taiwan expecting US-made Apaches: report

China approves second Beijing airport: state media

Turkey postpones order for its first two F-35 fighters

CAR TECH
New biochip technology uses tiny whirlpools to corral microbes

Power spintronics: Producing AC voltages by manipulating magnetic fields

Researchers demonstrate record-setting p-type transistor

Marvell hit with billion-dollar verdict in patent case

CAR TECH
Canada Launches Final Stage of RADARSAT Project

China no longer reliant on satellite image imports

TerraSAR-X image of the month - the coastal cliffs of Christmas Island

Joint Polar Satellite System Common Ground System now serving newest mission

CAR TECH
China pollution anger spills into state media

Beijing choked by third day of hazardous smog

Italy extends emergency powers for Costa shipwreck

Pollution turns Hong Kong harbour from 'fragrant' to foul




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement