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Volkswagen Expects Sales Growth On Skoda, VW Brands

Volkswagen AG, Europe's biggest automaker,
forecast record sales after deliveries in"We have made a lot of mistakes in the
2007 go beyond six million units for theU.S.,'' Stefan Jacoby, said at the NAIAS
first time on increased demand for Skoda andbriefing. "But we're a part of American pop
VW  vehicles.culture. We have a one-time chance to turn
this  around.''
Group deliveries surged 7.9 percent last year
to 6.19 million cars and SUVs from 5.73"They do have some momentum,'' said Rebecca
million in 2006, CEO Martin Winterkorn saidLindland, senior automotive analyst with
at  a  Detroit  Auto  Show  briefing.Global Insight Inc. in Lexington,
Massachusetts. "They have people looking at
The CEO said that he plans to boost theVolkswagen  again.''
Volkswagen's global sales in 2007 by adding
models in a bid to take on Toyota Motor Corp."They have a chance if they stay true to
According to Bloomberg, among the newtheir German heritage,'' she added. "VW is a
offerings are a minivan for the United Statesbrand that people want to root for. It has a
built jointly with Chrysler LLC, a remake ofcertain  charisma  and  appeal.''
the Scirocco sports hatchback and the
coupe-styled four-door Passat CC, whichLast year, the sales of Volkswagen brand in
Winterkorn  premiered  in  Detroit.America dived 1.9 percent to 230,572 cars and
SUVs, led by a 31 percent plunge in demand
Even as the Wolfsburg, Germany-based companyfor the mid-sized Passat and a 12 percent
expands worldwide, Volkswagen remainsdrop for the Beetle, the automaker was
struggling in America. In 2006, theearlier  quoted  as  saying.
automakers loss in North American loss was
$897  million.But the maker of VW oil pan gaskets intends
to improve sales in the U.S. by launching
The automaker said that it will decide in theproducts that tickles the fancies of American
first half whether to build a factory inaficionados. "We are working on a new compact
North America, Winterkorn said, adding thatsedan and a mid-sized sedan for the American
the company has not decided on a locationcustomer,'' Winterkorn noted.
yet.



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