VW brand to quadruple return on capital by 2018

Newswire

HAMBURG, Dec 19 (Reuters) - German carmaker Volkswagen is aiming to quadruple return on capital at its VW brand to 21 percent by 2018, a company spokesman said on Wednesday, confirming comments by VW CEO Martin Winterkorn. The chief executive also told managers at a strategy conference in Dresden, Germany, on Tuesday that he wanted VW brand unit sales to rise to 6.6 million by 2018 from 3.4 million last year, the spokesman said. Volkswagen has said it wants the number of vehicle sales at ...

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