German institute names VW best car company in study

German automaker Volkswagen, Europe's biggest car manufacturer, was selected Tuesday as the sector's "best performer for 2010" by a study that highlighted weaknesses of VW rivals Toyota and GM.

For the first time, VW led the rankings established by the German Centre for Automotive Management (CAM), a highly-regarded institute located in the western town of Bergisch Gladbach.

The study was published in the daily Die Welt, and showed VW ahead of German rival Daimler, Hyundai of South Korea, and another German company, BMW.

Toyota was number one in 2009, but was hit last year by repeated quality problems, and only place eighth this time around, just ahead of the Japanese group Nissan and General Motors, which is coming back from a bankruptcy.

The classification takes into account each group's financial results, market share and capacity for innovation.

In the last category, "Volkswagen recorded the biggest gulf with other auto manufacturers," according to CAM director Stefan Bratzel.

With a total of nine brands, which include Audi and Skoda, the VW group offers a wide range of vehicles, and it is very well positioned in the world's biggest auto market, China.

The German carmaker hopes to become the world's biggest carmaker by 2018.

bie-esp/wai/rl

 

Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

SPONSORED FEATURES

ES Rentals

    iJobs Job Widget
    iJobs General

    Tradewind Recruitment: Permanent Class Teachers Required for 2015/2016 - Suffolk

    £21000 - £50000 per annum: Tradewind Recruitment: Class Teachers seeking perma...

    Tradewind Recruitment: Class Teachers Required in Norwich and Great Yarmouth

    £20000 - £45000 per annum: Tradewind Recruitment: I am working on behalf of a ...

    Tradewind Recruitment: Graduate - Newly Qualified Teachers Required For Sept 2015

    £21000 - £50000 per annum: Tradewind Recruitment: Graduate Teachers/ Newly Qua...

    Tradewind Recruitment: Graduate - Newly Qualified Teachers Required For Sept 2015

    £21000 - £50000 per annum: Tradewind Recruitment: Graduate Teachers/ Newly Qua...

    Day In a Page

    Solved after 200 years: the mysterious deaths of 3,000 soldiers from Napoleon's army

    Solved after 200 years

    The mysterious deaths of 3,000 soldiers from Napoleon's army
    Every regional power has betrayed the Kurds so Turkish bombing is no surprise

    Robert Fisk on the Turkey conflict

    Every regional power has betrayed the Kurds so Turkish bombing is no surprise
    Investigation into wreck of unidentified submarine found off the coast of Sweden

    Sunken sub

    Investigation underway into wreck of an unidentified submarine found off the coast of Sweden
    Instagram and Facebook have 'totally changed' the way people buy clothes

    Age of the selfie

    Instagram and Facebook have 'totally changed' the way people buy clothes
    Not so square: How BBC's Bloomsbury saga is sexing up the period drama

    Not so square

    How Virginia Woolf saga is sexing up the BBC period drama
    Rio Olympics 2016: The seven teenagers still carrying a torch for our Games hopes

    Still carrying the torch

    The seven teenagers given our Olympic hopes
    The West likes to think that 'civilisation' will defeat Isis, but history suggests otherwise

    The West likes to think that 'civilisation' will defeat Isis...

    ...but history suggests otherwise
    The bald truth: How one author's thinning hair made him a Wayne Rooney sympathiser

    The bald truth

    How thinning hair made me a Wayne Rooney sympathiser
    Froome wins second Tour de France after triumphant ride into Paris with Team Sky

    Tour de France 2015

    Froome rides into Paris to win historic second Tour
    Fifteen years ago, Concorde crashed, and a dream died. Today, the desire to travel faster than the speed of sound is growing once again

    A new beginning for supersonic flight?

    Concorde's successors are in the works 15 years on from the Paris crash
    I would never quit Labour, says Liz Kendall

    I would never quit party, says Liz Kendall

    Latest on the Labour leadership contest
    Froome seals second Tour de France victory

    Never mind Pinot, it’s bubbly for Froome

    Second Tour de France victory all but sealed
    Oh really? How the 'lowest form of wit' makes people brighter and more creative

    The uses of sarcasm

    'Lowest form of wit' actually makes people brighter and more creative
    A magazine editor with no vanity, and lots of flair

    No vanity, but lots of flair

    A tribute to the magazine editor Ingrid Sischy
    Foraging: How the British rediscovered their taste for chasing after wild food

    In praise of foraging

    How the British rediscovered their taste for wild food