GERMANY: VW eyes overtaking Toyota by 2015
Volkswagen wants to overtake Toyota in terms of profitability and volume. Its sales and marketing chief, Michael Kern, told Auto Motor Und Sport magazine that VW is bringing 12 new models to market and increasing its presence in the US, Russia, India and other markets to help achieve this goal. Separately, news agency dpa-AFX said that internal plans call for Volkswagen to gain market leadership in 2014 or 2015.
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