VW Group’s light commercial vehicles (LCV) state that the automotive market’s recovery is not as close as some might think. The company warns that the market has not yet overcome last year’s difficulties.
"We know that 2010 will be another challenging year. The bottom has been reached in but not yet traversed," Volkswagen Commercial Vehicles Chief Executive Stephan Schaller was quoted as saying by Reuters.
In 2009 Volkswagen LCV sales dropped 20.7 percent to 354,770 vehicles, mai… (read more)