Automakers

VW Group targets 10 million sales this year on model expansion

March 13, 2014 05:00 AM

BERLIN (Bloomberg) -- Volkswagen Group may sell more than 10 million vehicles in 2014, four years earlier than planned, as Europe's largest automaker accelerates model introductions in a strategy to overtake Toyota Motor Corp. as the global sales leader.

"There is a good chance we will already reach our 10 million deliveries mark this year," CEO Martin Winterkorn said.

"With rising volume and new models, we will increasingly see positive earnings effects as well," he added during VW Group's annual press conference here today.

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