New VW Golf Mk7 for North and South America to be Produced in Mexico from Early 2014

CEO Martin Winterkorn wants VW to become the world’s number one automotive group by 2018. While the company is currently is Europe’s number one and it has increased its sales in China, Russia and Brazil, in the U.S., despite posting a 31 percent increase in 2012, it trails both General Motors and Toyota.

With its European sales having plunged by 15 percent due to the debt crisis and the market set for another decline in 2013, the sixth in a row, the German group is focusing its push in the Americas.

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VW Adds Extra Shifts to Meet European Demand for New Golf Mk7

Volkswagen says the European market launch of its seventh-generation Golf is exceeding all expectations and that it is struggling to meet demand after having received more than 100,000 orders for the compact model, which is currently available in three- and five-door hatchback body styles. Read more »