Volkswagen To Stop Buying Auto Makers
September 14th, 2011 5:14 PM
Share
Volkswagen will halt its practice of acquiring auto makers as a means of boosting its total sales volume, according a report by Bloomberg.
With Volkswagen in place to become the world’s second largest automaker, the company’s massive stable of brands, which includes Volkswagen, Audi, SEAT, Skoda, Lamborghini, Audi and Bugatti, will remain static, with VW hoping to simply sell more cars.
Volkswagen has recently seen its alliance with Suzuki go down in flames, and has struggled to take control of long time technological partner Porsche.
[Source: Automotive News ]
Comments
Join the conversation