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VW Hits Global Sales Record

Jan. 14, 2013
The 12-brand giant's sales jumped 34% in the United States, 8% in South America and 25% in China, VW's largest market with 2.81 million vehicles sold last year.

DETROIT -- Volkswagen (IW 1000/10) posted record-breaking global sales in 2012, up 11 percent at 9.07 million, but the ambitious automaker continues to trail Japanese rival Toyota.

VW, which aspires to be the world's biggest automaker by 2018, has a fair way to go to surpass the current champion, as Toyota has forecast that 2012 sales will jump 22% to 9.7 million vehicles.

VW chief Martin Winterkorn expressed confidence for the future.

"This industry remains a growth industry worldwide and in this country," Winterkorn told reporters on the eve of the Detroit auto show.

"We want to outpace the industry," he said, adding "the VW group developed extremely well in difficult conditions."

However sales chief Christian Klingler cautioned progress could be slower this year if the situation in Europe continues to deteriorate.

"Present uncertainties will intensify in 2013," he said, adding "markets remain challenging, competition is getting tougher."

The 12-brand giant's sales jumped 34% in the United States, 8% in South America and 25% in China, VW's largest market with 2.81 million vehicles sold last year.

The group hopes to sell "well in excess" of 600,000 Volkwagens and Audis in the United States this year, up marginally from 596,100 in 2012.

Sales were stable overall in Europe despite the economic crisis, but were down 6.5% in Western Europe excluding Germany at 1.85 million.

It nonetheless performed much better than the number two European automaker, France's PSA Peugeot Citroen, which saw its sales plummet 16.5% in 2012.

Among VW's various brands, the European crisis hit Spain's Seat hardest as sales fell 8.3%. The group's other brands, VW, Audi, Porsche, Skoda and its commercial vehicles, delivered gains of 4.1% to 11.7%.

Copyright Agence France-Presse, 2013

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