Germany's Volkswagen group sold a record four million vehicles in the first half of 2011 and hopes to reach the eight million mark for the year, the group's CEO announced Monday in a statement. First-half sales were boosted by growing demand across the globe, Martin Winterkorn said during a presentation of the latest incarnation of the brand's iconic Beetle. The CEO of Europe's largest carmaking conglomerate said Volkswagen sales alone soared 11.8 percent over the past year to a record 2.5 million for the first half of 2011. Winterkorn said that annual sales of the group's nine brands -- which also include Audi, SEAT and Skoda -- may reach the eight-million threshold for the first time. The Wolfsburg-based firm raked in record profits of 7.23 billion euros ($10.13 billion) in 2010. Volkswagen aims to reclaim its spot as the world's top car manufacturer and Winterkorn said the group could achieve its goal of selling more than 10 million vehicles annually earlier than the 2018 target.
GMT 15:26 2017 Friday ,22 December
VW sacks executive jailed over 'dieselgate': reportGMT 12:54 2017 Friday ,22 December
Baidu accuses former exec of stealing self-driving car technologyGMT 17:41 2017 Wednesday ,06 December
UK car sales extend slump: industry bodyGMT 14:49 2017 Sunday ,19 November
US rejects Ford petition to delay recall of 3m vehiclesGMT 19:06 2017 Wednesday ,08 November
BMW revs research spending higher, profits fishtailGMT 10:33 2017 Tuesday ,24 October
Singapore to freeze number of cars on its roadsGMT 13:26 2017 Tuesday ,17 October
Tesla sacks hundreds of workers on Model 3 stall: sourceGMT 21:18 2017 Saturday ,07 October
Tesla delays big rig truck debut; Model 3 in ‘production hell’Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor