VW won't yield profit to keep market share

Despite model shortages in its lineup and increasing competition from General Motors and other carmakers, Volkswagen said it was confident it would maintain its 30% market share in China's car market but said it would not do so at the expense of profit. VW Head of Procurement Francisco Javier Garcia Sanz called the company's share target realistic, but then told Reuters: "We will not buy market share at the erosion of profit."