Volkswagen (VLKAY.PK) might add a another brand this year as part of a growth strategy,...

|About: Volkswagen AG ADR (VLKAY)|By:, SA News Editor

Volkswagen (VLKAY.PK) might add a another brand this year as part of a growth strategy, according to chairman Ferdinand Piech. If it does, look for the automaker to go small. Earlier this year, Volkswagen indicated a budget brand for emerging markets could be part of its plans.