Seeking Alpha

VW on track as next global auto-sales leader

  • Volkswagen (OTCQX:VLKAY) will likely overtake Toyota (NYSE:TM) this year as the global leader in vehicle sales, as it ramps up its expansion into China, while Toyota cuts back on growth to focus on quality.
  • IHS Automotive forecast Volkswagen's total first-half sales at 5.1M vehicles and Toyota's at 4.8M, but noted that Toyota could end up outperforming its projections in the Middle East and Africa. For the full year, IHS expects Volkswagen to sell 9.9M vehicles vs. Toyota's 9.5M.
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Comments (2)
  • PMEISEL
    , contributor
    Comments (27) | Send Message
     
    VLKAY is the better run company, although they struggle with product in the US
    30 Jul 2014, 05:13 PM Reply Like
  • DUP
    , contributor
    Comments (288) | Send Message
     
    Better run,better product, and actually innovate, not just copy, after someone else develops. TOYota, is a horrible car, drive one, it's cheap, sloppy, and cheesy. Audi RS series are amazing, my GTI with 107,000 miles is flawless, and feels great solid, handles, comfortable, can hit 35+ mpg when cruising for hours on hwyl like I do, many times. 2.0T engine keeps evolving, now up to 300hp in golf R, and close to 400 in Porsche!
    3 Aug 2014, 08:14 AM Reply Like
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