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Volkswagen plans to sell one million vehicles from VW and Audi

Staff writer |
CEO of Volkswagen Aktiengesellschaft Martin Winterkorn announced a multi-billion dollar investment program in North America over the next five years.

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Mr. Winterkorn revealed that "Volkswagen's midsize SUV for America is on its way!" and reaffirmed the goal to sell one million vehicles from the Volkswagen and Audi brands per year in the US by 2018. He emphasized that the Volkswagen Passenger Cars brand was today better positioned in the US than ever before, adding that the production start of the new Golf "made in North America" would give the Volkswagen brand a further boost.

Mr. Winterkorn said that the Golf had never been so innovative or so efficient: "The new Golf features the latest generation of our TSI and Clean Diesel engines as well as electric drive and plug-in hybrid technology." Production for the North American market of one of the most successful Volkswagen models begins this Tuesday, January 14, at the plant in Puebla, Mexico, with the market launch scheduled for the summer.

"As a Group we will be investing over seven billion dollars in North America over the next five years," said Mr. Winterkorn. Another element in the growth strategy is an attractive brand-new model designed specifically for North America: "I'm delighted to confirm what so many have been waiting so long to hear: Volkswagen's midsize SUV for America is on its way." He stated that development work on the seven-seater had already begun and that the US market launch was scheduled for 2016.

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