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
-
On Lincoln-Shinola, Euro EV Sales, Engineered Carbon, and more
On a Lincoln-Shinola concept, Euro EV sales, engineered carbon for fuel cells, a thermal sensor for ADAS, battery analytics, and measuring vehicle performance in use with big data
-
Achieving Efficiency?
A look at on-road fuel economy changes over 92 years.
-
Global Car Market to Shrink for 2-3 Years
Global sales of light vehicles will decline year on year through at least 2021, predicts LMC Automotive at its annual outlook conference outside Detroit, Mich.