VW beats Ford to become world's third largest automaker
AFP - [email protected]
Published: 29 Aug, 2008 CET.
Updated: Fri 29 Aug 2008 08:45 CET
Volkswagen, the biggest European car maker, has passed US rival Ford to become the third biggest auto manufacturer in the world, behind General Motors and Toyota.
“The Volkswagen Group has taken its place among the world’s top three automakers thanks to the Wolfsburg-based company’s outstanding delivery figures in the first half of 2008,” the company announced in a statement late on Thursday. “Ford had to settle for fourth position.”
VW said that with first-half deliveries of 3.31 million vehicles, an annual increase of 7.2 percent, it had overtaken Ford, which it said had posted a comparable figure of 3.22 million.
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“The Volkswagen Group has taken its place among the world’s top three automakers thanks to the Wolfsburg-based company’s outstanding delivery figures in the first half of 2008,” the company announced in a statement late on Thursday. “Ford had to settle for fourth position.”
VW said that with first-half deliveries of 3.31 million vehicles, an annual increase of 7.2 percent, it had overtaken Ford, which it said had posted a comparable figure of 3.22 million.
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