Saturday, August 29, 2009

'Volkswagen expecting 2 mn car sales in India'

German automobile manufacturer Volkswagen expects to sell two million cars in India by 2014.

"We are looking at a 10 percent increase in sales next year and Volkswagen forecasts two million car sales in India by 2014," said Jochem Heizmann, a member of the Volkswagen board, on the sidelines of the annual convention of the Society of Indian Automobile Manufacturers (SIAM) here.

He also highlighted on the company's strategy in India.

"We see a very big potential for Volkswagen in the Indian market. We plan to stat from a low peak to come to 75 percent in two years here," he pointed out.
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