In yet another episode of the ongoing verbal battle between the Fiat and VW Groups over Alfa Romeo, the German automaker's CEO Ferdinand Piech said that Volkswagen could nearly quadruple the annual sales of the Milanese brand if the Italians would agree to sell the company. Speaking to journalists at the Geneva Motor Show, the CEO went on to say that within five years Volkswagen could increase the sales of the money-losing Italian brand to 400,000 cars every year. Alfa Romeo ended 2010 with 112,000 units sold.
Read more »