Monday, March 17, 2008

Volkswagen chief kills 'world car' dream

Volkswagen chief executive Martin Winterkorn says that the days of building one car for the whole world are 'dead and buried'. He put his bets on special models in the United States, China and India as part of a model framework designed to help Europe's largest carmaker in its bid to overhaul Toyota in terms of sales and profitability as well as other measures such as customer satisfaction and quality. Volkswagen will introduce 20 new models in the next three years, including vans and pick-ups, as part of a plan to sell eight million cars by 2010, up from last year's 6.2m.

DATED: 17.03.08

FEED: AW





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