VW aims to boost sales 18.5% by ’12

Kyodo

German automaker Volkswagen AG said Monday it aims to increase sales in Japan by 18.5 percent from the previous year to 60,000 vehicles on the strength of new models.

Volkswagen, whose sales in Japan grew 8.4 percent to top 50,000 vehicles in 2011, also said it will release the up!, a new small car, here in the latter half of the year.

“This lightweight fuel-efficient car will be a new entry model for Volkswagen,” meeting the needs of domestic users who prefer small, fuel-efficient cars, Gerasimos Dorizas, president of Volkswagen Group Japan KK, said at a news conference in Tokyo.