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Volkswagen Says New Golf, Polo to Support Sales Gain (Update1)
09/09/2008 16:07. Sept. 8 (Bloomberg) -- Volkswagen AG , Europe's biggest carmaker, said new versions of its Golf and Polo models will help boost sales next year even as global auto markets deteriorate.

``We've become more cautious, but we don't expect a decline,'' Chief Executive Officer Martin Winterkorn said at a presentation of the sixth-generation Golf in Reykjavik, Iceland. Volkswagen's 2009 performance ``depends on the economy.''

VW next year aims to sell 600,000 Golfs after the new version hits European showrooms in October. The Wolfsburg, Germany-based carmaker plans to offer an updated Polo compact in 2009. Accompanying the introduction of the new models is an ongoing dispute between Porsche SE, which aims to take majority control of VW this year, and workers led by union boss Bernd Osterloh... // Bloomberg