Volkswagen Group believes it can sell over 10 million vehicles in 2014, with hopes of overtaking Toyota as the world's largest automaker in the process. If VW can do it, it would meet that goal four years earlier than planned. Of course, Toyota isn't sitting still – it also hopes to top the 10 million-car threshold this year and has the advantage of already holding the top spot.

"With rising volume and new models, we will increasingly see positive earnings effects as well," said VW Group CEO Martin Winterkorn during its annual press conference, according to Automotive News. The company is spending huge amounts of money to propel it to the top, investing 84.2 billion euros ($117 billion) through 2018, and according to AN it plans to introduce over 100 new models worldwide among all of its brands by the end of next year.

The German automaker may get an extra boost as the European car industry shows signs of emerging from its yearlong stagnation and China continues to grow. In January, VW Group was up 8.5 percent in Europe and 15.5 percent in China, according to its own figures. However, the US has been slowing with Volkswagen brand sales down 19.04 percent in January and down 13.81 percent in February.

VW Group sold 9.73 million vehicles in 2013, which barely topped General Motors with 9.71 million. That includes the German's heavy truck sales; an earlier report showed that the company had sold 9.5 million light vehicles last year. Toyota predicts it is going to sell 10.32 million cars in 2014, up 4 percent. If either VW or Toyota hits its goals, it would mark the first time ever than any automaker has sold 10 million models in 12 months.

We've reached out to VW for comment and are awaiting a reply. We'll update this post if and when we hear back.

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    • 1 Second Ago
      • 1 Year Ago
      Not sure if this is a good thing or bad thing. Quality tends to suffer when you try to do to much in a short period of time.
      • 1 Year Ago
      I think this was old GMs problem-quantity over quality. That strategy only works for so long and then the consumers get wise.
      • 1 Year Ago
      GM or Ford will never lead because they are too busy following.
      • 1 Year Ago
      I miss Drivers Wanted vw. Hard plastics, boring colors, and bland exteriors have brought the brand down. They aren't the fun brand they used to be to make the shaky reliability worth dealing with. Now they have made an expensive Toyota that's no where near as reliable or as premium as they used to be. I won't be buying another Vw.
      Mark Grudt
      • 1 Year Ago
      What normal guy would drive a VW Bug?
      Evander Smart
      • 1 Year Ago
      Numbers show Americans hate VWs, so it looks like Toyota will have the advantage
        Wisdom Seeker
        • 1 Year Ago
        @Evander Smart
        A lot of Americans hate Toyota also, and these are global numbers not just the U.S..
        404 not found
        • 1 Year Ago
        @Evander Smart
        Why do people think the U.S. is the center of the universe?
      Mark Grudt
      • 1 Year Ago
      Toyota just cranking out junk...and brain dead people still buying them. I'd never trust GM either!
      • 1 Year Ago
      And according to Senator Bob Croker, all ten million cars will be built in Tennessee
      • 1 Year Ago
      The more cars VW sells, the more mechanics rejoice.
      • 1 Year Ago
      I have bought a new 2014 CC R -Line 2.0 TSI --Brand new car with severe build quality problems. Still the panel below steering column makes irritating- distracting noises--it is the top line VW sedan with shoddy quality- Koreans have better cars in the market with 10 k less. It had problem since day one and I have driven only 4K miles. So, they can shoot for the 10M cars but VW's overall quality will suffer. Just to give you guys taste of it: 1) turbo waste gate rod rattle noise, 2) steering clock spring, 3) constant creaking noise from trims, 4) DSG transmission noise, 5) sway bar issues, etc etc...I am still trying to figure out how in the world I am going stand the pain of driving while listening to all the rattles.
      • 1 Year Ago
      I guess people in China like mediocrity.
      • 1 Year Ago
      VW got near 10 million sales in 2013 without even trying in the US (aging lineup with huge holes; no CRV competitor, no 3-row, no pickup). Just putting forth half an effort in the US will put them over their goals.
        Robert Ryan
        • 1 Year Ago
        Agreed. Europe is now starting to rise so they should go past the 10 million barrier with no problems.
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