Welcome!

News Feed Item

Winterkorn: "Volkswagen Staying on Course With Qualitative Growth"

DETROIT, MI and WOLFSBURG, GERMANY -- (Marketwired) -- 01/12/14 --


  • CEO confirms midsize SUV for American market in Detroit
  • Further momentum for US market with start of new Golf production in Puebla
  • Group is to invest over US$7 billion in North America over the next five years
  • Goal reaffirmed: One million vehicles from the Volkswagen and Audi brands to be sold per year in the US by 2018

"The Volkswagen Group is staying on course with qualitative growth." This was reaffirmed on Sunday in Detroit on the eve of the North American International Auto Show (NAIAS) by the CEO of Volkswagen Aktiengesellschaft, Prof. Dr. Martin Winterkorn, who announced a multi-billion dollar investment program in North America over the next five years. Furthermore, Winterkorn revealed that "Volkswagen's midsize SUV for America is on its way!" The CEO also reaffirmed the goal to sell one million vehicles from the Volkswagen and Audi brands per year in the US by 2018.

Winterkorn emphasized that the Volkswagen Passenger Cars brand was today better positioned in the US than ever before, adding that the production start of the new Golf "made in North America" would give the Volkswagen brand a further boost. He underscored that the Golf had never been so innovative or so efficient: "The new Golf features the latest generation of our TSI and Clean Diesel engines as well as electric drive and plug-in hybrid technology." Production for the North American market of one of the most successful Volkswagen models begins this Tuesday, January 14, at the plant in Puebla, Mexico, with the market launch scheduled for the summer.

That is just one building block in a multi-billion dollar investment program the company is initiating for the region. According to Winterkorn: "As a Group we will be investing over seven billion dollars in North America over the next five years." Another element in the growth strategy is an attractive brand-new model designed specifically for North America. In the presence of 350 guests in Detroit, Winterkorn announced: "I'm delighted to confirm what so many have been waiting so long to hear: Volkswagen's midsize SUV for America is in its way." He stated that development work on the seven-seater had already begun and that the US market launch was scheduled for 2016.

In light of this, the CEO made it very clear the Group's plans remained unchanged: "We have set our goal: Volkswagen Group of America aims to sell one million Volkswagen and Audi cars per year in the US by 2018. We are taking up the challenge -- with confidence, total commitment and the necessary staying power."

Winterkorn said the Volkswagen Group was now also a force to be reckoned with on the key US market, and cited the Group's success as evidence of this: "The Group has almost doubled unit sales in the US since 2008, setting a new record of over 600,000 deliveries in 2013."

He went on to say that in the premium segment in particular, there was already no getting past the Volkswagen Group in North America: "Audi, Porsche, Bentley, Bugatti and Lamborghini -- five of the strongest premium brands ever." Winterkorn commented that Audi had gone from record to record in the past 36 months and was now moving up another gear with models such as the Q3 and the A3 Sedan to be launched in the US this year as well as its own production plant in San José de Chiapa, Mexico. "And the Porsche legend in the US has never been stronger. Sales reached an all-time high of over 40,000 vehicles in 2013," Winterkorn said, adding that Porsche would be launching a promising new model with the new Porsche Macan.

"We want many more American drivers to feel at home with our Group brands and are working to achieve that with one hundred percent commitment and plenty of passion," Winterkorn said on the eve of North America's most prestigious auto show.

Add to Digg Bookmark with del.icio.us Add to Newsvine

Volkswagen Group Communications
Head Corporate & Business Communications
Michael Brendel
Phone: +49 (0) 53 61 / 9-3 93 56
E-mail: Email Contact

Volkswagen Group Communications
Spokesperson Corporate & Business
Eric Felber
Phone: +49 (0) 53 61 / 9-8 75 75
E-mail: Email Contact

www.volkswagen-media-services.com
www.volkswagenag.com

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Apache Hadoop is emerging as a distributed platform for handling large and fast incoming streams of data. Predictive maintenance, supply chain optimization, and Internet-of-Things analysis are examples where Hadoop provides the scalable storage, processing, and analytics platform to gain meaningful insights from granular data that is typically only valuable from a large-scale, aggregate view. One architecture useful for capturing and analyzing streaming data is the Lambda Architecture, represent...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Adding public cloud resources to an existing application can be a daunting process. The tools that you currently use to manage the software and hardware outside the cloud aren’t always the best tools to efficiently grow into the cloud. All of the major configuration management tools have cloud orchestration plugins that can be leveraged, but there are also cloud-native tools that can dramatically improve the efficiency of managing your application lifecycle.
SYS-CON Events announced today that Juniper Networks (NYSE: JNPR), an industry leader in automated, scalable and secure networks, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Juniper Networks challenges the status quo with products, solutions and services that transform the economics of networking. The company co-innovates with customers and partners to deliver automated, scalable and secure network...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm. In his Day 3 Keynote at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will explore t...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
Deep learning has been very successful in social sciences and specially areas where there is a lot of data. Trading is another field that can be viewed as social science with a lot of data. With the advent of Deep Learning and Big Data technologies for efficient computation, we are finally able to use the same methods in investment management as we would in face recognition or in making chat-bots. In his session at 20th Cloud Expo, Gaurav Chakravorty, co-founder and Head of Strategy Development ...
SYS-CON Events announced today that Linux Academy, the foremost online Linux and cloud training platform and community, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Linux Academy was founded on the belief that providing high-quality, in-depth training should be available at an affordable price. Industry leaders in quality training, provided services, and student certification passes, its goal is to c...
Some people worry that OpenStack is more flash then substance; however, for many customers this could not be farther from the truth. No other technology equalizes the playing field between vendors while giving your internal teams better access than ever to infrastructure when they need it. In his session at 20th Cloud Expo, Chris Brown, a Solutions Marketing Manager at Nutanix, will talk through some real-world OpenStack deployments and look into the ways this can benefit customers of all sizes....
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Interoute has announced the integration of its Global Cloud Infrastructure platform with Rancher Labs’ container management platform, Rancher. This approach enables enterprises to accelerate their digital transformation and infrastructure investments. Matthew Finnie, Interoute CTO commented “Enterprises developing and building apps in the cloud and those on a path to Digital Transformation need Digital ICT Infrastructure that allows them to build, test and deploy faster than ever before. The int...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), will provide an overview of various initiatives to certifiy the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldw...
SYS-CON Events announced today that Loom Systems will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2015, Loom Systems delivers an advanced AI solution to predict and prevent problems in the digital business. Loom stands alone in the industry as an AI analysis platform requiring no prior math knowledge from operators, leveraging the existing staff to succeed in the digital era. With offices in S...