The AIADA newsletter reported today that Volkswagen will keep its long-term growth targets despite poor January sales, but the company sees no improvement soon in the dire global automotive market. Detlef Wittig, VW group head of sales and marketing, said the January decline shows there is no improvement in sight in the global economic crisis at the moment.
“Our long-term growth targets remain valid despite the difficult overall conditions,” Wittig said in a statement.
VW group aims to catch Toyota as the world’s biggest carmaker by unit sales by 2018. Currently, VW is No. 3.
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