Volkswagen will need to fill some regional gaps, particularly with vans and light trucks in emerging markets, as it seeks to become the world’s largest carmaker, head of personnel Horst Neumann told German daily Handelsblatt.
He said: “We must not believe that we’ve made it, that we’re rich and invincible now. Only then can we address remaining weaknesses compared to competitors such as Toyota and Hyundai
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
“We have yet to establish a presence in certain segments, for instance in compact commercial vehicles in emerging markets. In markets such as southeast Asia there is still a lot to do for us.”
In the first half of this year VW increased deliveries by its multi-brand group by 8.9% to 4.45m and has a goal to boost sales to 10m by 2018.
