Volkswagen (NASDAQOTH:VWAGY) was the world's most profitable automaker last year, but it's far from satisfied. VW wants to be the world's largest-selling automaker by 2018, and it plans to push its profits up even higher along the way.
As part of that push, VW wants its luxury brand Audi to have a bigger piece of the American automotive pie, so this week it started construction on a massive new factory in Mexico. In this video, Fool.com contributor John Rosevear looks at VW's efforts in global expansion -- and how the company's huge new factory will help drive it.
Motley Fool contributor John Rosevear owns shares of General Motors. Follow him on Twitter at @jrosevear. The Motley Fool recommends BMW and General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.