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VW Sets Sales Target, Considers US Plant

WOLFSBURG, Germany -- Volkswagen AG aims to sell 8 million cars a year by 2011 - almost 30 percent more than last year - and will introduce 20 more models including vans, pickups and sport utility vehicles in a bid to expand its market share in Asia, Europe and North America, according to the Associated Press.

Europe's biggest automaker by sales is also looking at building a new plant in the United States that could produce between 100,000 and 150,000 cars per year.

Posted by Peter C. T. Elsworth  at 9:57 AM to VW | Permalink

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