Volkswagen AG is considering tripling the namesake VW brand’s sport-utility vehicle lineup in a bid to overtake Toyota Motor Corp.
in global deliveries, two people familiar with the matter said.
The VW marque will offer as many as six SUVs in the coming years, expanding from the midsize Touareg and compact Tiguan currently on sale, said the people, who asked not to be identified in advance of an official announcement.
Demand for SUVs is growing, with the models likely to account for 20.1 percent of global production by 2018 compared with 17.6 percent in 2012, according to consulting company PwC. The VW nameplate’s focus on traditional cars, such as the Golf hatchback and Passat sedan, has in particular held back the brand in the U.S., where rivals have wider SUV offerings.Read Article