VW's Growth Plan Hits a Snag

Volkswagen (NASDAQOTH: VLKAY  ) is halfway through a 10-year plan with an audacious goal: To surpass Toyota (NYSE: TM  ) and General Motors (NYSE: GM  ) to become the largest-selling automaker in the world. 

VW has already made huge gains in places like China, but its growth plan has hit a snag here in the U.S., where sales are actually down. In this video, contributor John Rosevear looks at VW's latest plan to turn that around -- and at why the German giant's efforts might leave it even further behind its rivals.

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  • Report this Comment On July 19, 2013, at 12:55 AM, hugh44 wrote:

    I had the worse experience leasing a VW Jetta from camelback VW in Phoenix, Az. I had to get a lawyer to straighten out the mess . Pathetic way of doing business. So I'm not surprised their sales are going backwards . Of course many dealerships are dishonest. When big banks are involved in the lending trouble ensues.

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