It’s not a secret anymore that Volkswagen wants to become the world’s biggest automaker and to topple Toyota from its No. 1 spot.
But it appears that things changed a little and a new rival appeared in the spotlight: Hyundai-Kia group is seen as a bigger rival than the struggling Japanese company. In a recent interview VW CEO Martin Winterkorn admitted the fact that Hyundai learned how to build good cars and due to this fact, the Korean manufacturer has enjoyed enormous growth in sales and profitability in recent years. In North America for example,
Read Article