Volkswagen Group is the largest carmaker in Europe, selling vehicles under the Audi, Bentley, Bugatti, Lamborghini, Porsche, SEAT, Škoda and Volkswagen marques. It also sells Ducati motorcycles and commercial vehicles under the MAN and Scania marques. The VW Beetle was its first bestselling model, and the Golf, launched after it stopped production of the Beetle, has become the third best-selling car of all time.

VW emblems are lined up at a production line at the German carmaker's headquarters and main manufacturing plant in Wolfsburg. Photo: AFP

VW sees bumpy road after record 2012 sales

Volkswagen prepares for tougher competition and more uncertainties as Europe's largest carmaker pushes for growth in the United States and China to offset slumping demand in its home region.