Volkswagen expecting another good year in 2012
Winterkorn also said he was convinced that Volkswagen's broad global positioning and unique diversity of brands, vehicles and services mean that the Company has what it takes to outperform its competitors. "Our Strategy 2018 is working. We remain on track on our way to the top of the automotive industry," said Winterkorn.
CFO Hans Dieter Potsch added, "We have further increased our profitability and impressively demonstrated the robustness of our Group." The Volkswagen Group has established a strong position and its sound finances mean that it is well prepared for the future: "Expanding our production capacity in growth markets will help to reinforce our position there and improve the quality of our earnings." Given the volatile global economic environment, VW , plans to follow a stratgy of disciplined cost and investment management with a view to further increasing its profitability and competitiveness. By Joseph Szczesny