Western economies are taking back from Asia.
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Volkswagen could overtake Toyota as world No.1
17 Apr 2009, 1034 hrs REUTERS
TOKYO/FRANKFURT: Volkswagen AG may have passed Toyota Motor Corp as the world's top selling automaker in the first quarter, helped by robust demand in its main markets, while its Japanese rival suffered sharp declines, partial company data suggests.
The German automaker, with its nine car and truck brands including Audi, Skoda, Seat and Skania, has set a goal of overtaking Toyota and General Motors Corp to be the world's No.1 seller by 2018 -- a target that was initially met with scepticism.
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Volkswagen could overtake Toyota as world No.1
17 Apr 2009, 1034 hrs REUTERS
TOKYO/FRANKFURT: Volkswagen AG may have passed Toyota Motor Corp as the world's top selling automaker in the first quarter, helped by robust demand in its main markets, while its Japanese rival suffered sharp declines, partial company data suggests.
The German automaker, with its nine car and truck brands including Audi, Skoda, Seat and Skania, has set a goal of overtaking Toyota and General Motors Corp to be the world's No.1 seller by 2018 -- a target that was initially met with scepticism.