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The Spaminator
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VW Exec: Company to Create 8 New Factories, Could Achieve Sales Goal Before 2018
By Nat Shirley
Sep 12th, 2011
LLN

Volkswagen’s ambition is to become the world’s largest automaker by 2018 with annual sales of 10 million vehicles. To help make that goal a reality, the automaker will open eight new factories within seven years.

“By 2018 we will be operating about 70 factories,” said Volkswagen Group CEO Martin Winterkorn in an interview last week. That figure is an increase from the company’s 62 current factories. Winterkorn added that the company could realize its sales goal prior to 2018 “thanks to many new models and growing markets.”

With 40 of Volkswagen’s factories located in Europe, any new factories will likely be located outside of the automaker’s home region and close to where the cars produced will be sold. “We basically manufacture where the demand is,” said Winterkorn.

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Maybe VW are thinking in sell cars in another planet. The car market will suffer another slump very soon in the actual economics enviromental... I cant see how VW could sell more than 10 million cars... and GM too, and Toyota too
 
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