FRANKFURT, Sept 9 German carmaker Volkswagen
has cut its internal 2012 sales target for Western
Europe by 150,000 vehicles, German weekly magazine Der Spiegel
said, without citing sources.
The estimate reported by Der Spiegel is lower than the
250,000 figure reported last week in German daily Handelsblatt,
which the company denied.
Upon being asked about the 150,000 figure, a spokesman on
Sunday declined to comment on the specific number but said, "We
are still doing well. We are growing. But we have always said
the coming months will be challenging. Because of this we will
make adjustments here and there."
On Friday Volkswagen confirmed it had lowered its internal
sales target but declined to say by how much.
Handelsblatt had reported that VW, which has not published a
full-year sales target, had cut its expectations for full-year
sales by 300,000 vehicles to 9.4 million globally.
The paper further said VW had cut its expectation for sales
in Europe - not Western Europe - by 250,000 vehicles, citing
company sources. But the auto maker was quick to issue a denial.
"The figures reported by Handelsblatt have no basis," a VW
spokesman said at the time.
Volkswagen, on course to overtake U.S. rival General Motors
this year as the world's second biggest carmaker, aims to
sell 10 million vehicles by 2018, up from the 8.36 million
recorded last year, and push past Japanese group Toyota
VW said last month group deliveries rose 9.1 percent in the
first eight months to 5.19 million vehicles, adding that the
economic situation in Western Europe was still tense.
(Reporting By Jan Schwartz and Joern Poltz; Editing by Greg
Mahlich; writing by Edward Taylor)