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Volkswagen has overtaken Toyota to become the second-largest automaker in the world, after reporting a full-year 2011 sales figure of 8.16 million vehicles.

Volkswagen is aiming to hit 10 million annual sales by 2018, and wants to overtake 2011 top-seller General Motors to gain the number one position.

Volkswagen sales grew by 14.3 per cent in 2011, up from 7.14 million sales of 2010. This included sales growth in the Asia/Pacific region, where Volkswagen Group sales were up by 19.8 per cent (2.56 million), as well as North America (up 5.1 per cent to 666,800) and South America (up 21.4 per cent to 933,400), contributing to a total of 1.6 million units.


 



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How Long Until Number 1? Volkswagen Overtakes Toyota For 2nd Largest Automaker In the World

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