
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. The 12-brand giant\'s sales grew in the United States -- where sales jumped 35 percent -- China and Latin America, VW said on the eve of the Detroit auto show. Sales were stable overall in Europe despite the economic crisis, but were down 6.5 percent in Western Europe excluding Germany. VW, which aspires to be the world\'s biggest automaker, 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. But chief Martin Winterkorn expressed confidence for the future. \"This industry remains a growth industry worldwide and in this country,\" Winterkorn told reporters. 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.
GMT 09:47 2018 Tuesday ,23 January
SAP unveils big push into French tech start-upsGMT 05:07 2018 Tuesday ,23 January
Noble Group shares surge 37 percent on buyout talksGMT 19:07 2018 Monday ,22 January
BAKS spent Dh225m on charity projects in 2017GMT 22:52 2018 Sunday ,21 January
French firm "recalls baby milk product"GMT 22:27 2018 Sunday ,21 January
US company plans funds that double bitcoin price movesGMT 21:23 2018 Sunday ,21 January
Pence starts Mideast tour in Egypt amid Arab angerGMT 08:54 2018 Saturday ,20 January
Million-euro bill for firm behind Paris bike-share chaosGMT 10:47 2018 Friday ,19 January
German chemical giant BASF sees 'significant' profit leap

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor