Volkswagen Group wants to offset decreasing demand in Europe by rolling out 60 new and updated models before the end of this year. At the shareholders’ meeting in Hanover, Germany, VW Group CEO Martin Winterkorn said the company’s target remains unchanged – to reach the top of the automotive industry.
Europe’s largest carmaker is targeting higher sales and revenue this year with its revamped VW Golf and Skoda Octavia, plus the new Audi A3 Sedan, which targets especially the Chinese and U.S. markets. VW is hoping these new models will help make up for a slowdown in Europe, where demand is nearing the lowest point in 20 years.
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