Volkswagen hits global sales record with 11% increase, still trails Toyota
Published on Jan 14, 2013 7:19 AM
DETROIT, Michigan (AFP) - Volkswagen posted record-breaking global sales in 2012, up 11 per cent at 9.07 million, but the ambitious German automaker continues to trail Japanese rival Toyota.
The 12-brand giant's sales grew in the United States - where sales jumped 35 per cent - China and Latin America, VW said on the eve of the Detroit auto show.
Sales were stable overall in Europe despite the economic crisis, but were down 6.5 per cent in Western Europe excluding Germany.
VW, which aspires to be the world's biggest automaker, has a fair way to go to surpass the current champion, as Toyota has forecast that 2012 sales will jump 22 per cent to 9.7 million vehicles.
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