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VW will probably become largest automaker this year

2012 VW Passat

As we reported a few months ago, Volkswagen AG plans on becoming the world’s largest carmaker in the world by selling 10 million vehicles annually by 2018. However, they might become the best-selling carmaker by the end of this year, according to a report published by Bloomberg.

A survey of the company’s sales projections shows that the German automaker will sell 13% more cars this year in comparison to 2010, with a total sales volume of 8.1 million vehicles. General Motors will be able to deliver 8% more cars this year, with a grand total of 7.55 million units, while Toyota will sell 9% less cars this year, which means that they’ll deliver 7.27 million units. The reason why Toyota’s sales are down is due to the tsunami disaster that hit Japan this past March which meant less deliverable cars.

Volkswagen is doing a great job in China, which is at the moment the world’s biggest car market, where they managed to sell 20% more cars this year. So far in 2011, the total Volkswagen Group sales, including all of its brands, have gone up by 16% to an impressive 6.2 million cars.

Source: Bloomberg via Business Week