VW Trims Outlook for its 2012 Sales
Volkswagen AG says it has made "minimal" downward adjustments to its internal goal for sales this year because of the "tense" condition of western Europe's car market.
#economics
Volkswagen AG says it has made "minimal" downward adjustments to its internal goal for sales this year because of the "tense" condition of western Europe's car market.
But VW, which has not disclosed its forecast, dismisses as "groundless" a report in Handelsblatt that it has slashed its outlook by 300,000 vehicles.
The German daily cited unidentified company sources who say VW now expects to sell 9.4 million vehicles in 2012 compared with 8.3 million units last year.
RELATED CONTENT
-
Mazda, CARB and PSA North America: Car Talk
The Center for Automotive Research (CAR) Management Briefing Seminars, an annual event, was held last week in Traverse City, Michigan.
-
Report Forecasts Huge Economic Upside for Self-Driving EVs
Widespread adoption of autonomous electric vehicles could provide $800 billion in annual social and economic benefits in the U.S. by 2050, according to a new report.
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.