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Volkswagen Achieving Ambitious Sales Goals At Expense Of Profitability

Volkswagen investors must be wondering what is the point of a company which wants to be the biggest auto manufacturer in the world, but every time it sells an extra car it makes less money. At a recent press conference in Berlin, CEOMartin Winterkorn said VW sales will hit 10 million this year, four years earlier than originally planned. The ambition also entails overtaking Toyota of Japan as world number one in terms of sales, and keepingGeneral Motorsin 3rd place.

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