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Volkswagen Expects Sales Growth On Skoda, VW Brands

Volkswagen AG, Europe's biggestdecided on a location yet.
automaker, forecast record sales after"We have made a lot of mistakes in the
deliveries in 2007 go beyond six millionU.S.,'' Stefan Jacoby, said at the NAIAS
units for the first time on increasedbriefing. "But we're a part of American
demand for Skoda and VW vehicles.pop culture. We have a one-time chance
Group deliveries surged 7.9 percent lastto turn this around.''
year to 6.19 million cars and SUVs from"They do have some momentum,'' said
5.73 million in 2006, CEO MartinRebecca Lindland, senior automotive
Winterkorn said at a Detroit Auto Showanalyst with Global Insight Inc. in
briefing.Lexington, Massachusetts. "They have
The CEO said that he plans to boost thepeople looking at Volkswagen again.''
Volkswagen's global sales in 2007 by"They have a chance if they stay true to
adding models in a bid to take on Toyotatheir German heritage,'' she added. "VW
Motor Corp. According to Bloomberg,is a brand that people want to root for.
among the new offerings are a minivanIt has a certain charisma and appeal.''
for the United States built jointly withLast year, the sales of Volkswagen brand
Chrysler LLC, a remake of the Sciroccoin America dived 1.9 percent to 230,572
sports hatchback and the coupe-styledcars and SUVs, led by a 31 percent
four-door Passat CC, which Winterkornplunge in demand for the mid-sized
premiered in Detroit.Passat and a 12 percent drop for the
Even as the Wolfsburg, Germany-basedBeetle, the automaker was earlier quoted
company expands worldwide, Volkswagenas saying.
remains struggling in America. In 2006,But the maker of VW oil pan gaskets
the automakers loss in North Americanintends to improve sales in the U.S. by
loss was $897 million.launching products that tickles the
The automaker said that it will decidefancies of American aficionados. "We are
in the first half whether to build aworking on a new compact sedan and a
factory in North America, Winterkornmid-sized sedan for the American
said, adding that the company has notcustomer,'' Winterkorn noted.



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