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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John Rosevear

John Rosevear is the Fool's Senior Auto Specialist. John has been writing about the auto business and investing for over 20 years, and for The Motley Fool since 2007.

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