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View Full Version : Volkswagen CEO Winterkorn on future of VAG



itisme
April 23rd, 2009, 12:21
Some news on VAG were puplished today by CEO Martin Winterkorn

sry, just in german:

http://www.boerse-frankfurt.de/DE/index.aspx?pageID=41&NewsID=62816

the long term aims till the year 2018 are confirmed. VAG wants to be on the very top of the automobile sector. But this and the next year will be very difficult.

all costs and invests must be checked. But the investments on new models and in new technologie won`t be affected. 8 billion € are planned to be invested. VAG plans 20 all new models till 2010.

The internationalisation will be continued. The market in china, india and russia are still screaming for mobility.

CEO Winterkorn is still very confidend on the allianz with Porsche. There is a extremy huge potential in the get together of both. " Together we have the opportunity to be the centre of power in the international automobile industry. I`m sure we can continue our partnership even in the difficult year 2009." said Winterkorn...