Volkswagen of America’s boss Stefan Jacoby says that his company is aiming to more than double its sales in the United States within the next three to four years,
“We will sell 400,000 to 450,000 vehicles in 2012-2013,” Jacoby said at an event ahead of the Detroit Auto Show.
The German automaker sold 213,454 vehicles in the U.S. in 2009, down 4 percent from the previous year. The entire Volkswagen Group, including luxury brand Audi, sold 297,537 vehicles in the U.S. in 2009, down 5 percent from 2008 when it sold 313,581.
Jacoby said there is a strong possibility for Volkswagen’s U.S. business to become profitable in three years.
“We are a little bit more optimistic now than we were a few months ago,” he said.
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– By: Kap Shah
Source: Automotive News (Subscription Required)