Volkswagen has revised its 2012 sale forecasts as a result of Europe's ongoing debt crisis, the German automaker confirmed on Friday.
Although VW isn't handing out specific numbers, VW says it hasn't reduced its outlook by the 300,000 units that was reported by German media outlets. Those reports speculated that 250,000 of those units would be removed from VW's European forecast.
"Due to the continued tense market situation in western Europe, we have made slight adjustments but not nearly to the extent that is being speculated about at the moment," a VW spokesman told Reuters.
VW is expected to sell about 9.4 million vehicles this year, which would be a 12 percent improvement over the 8.36 million deliveries recorded in 2011. VW has set the goal of selling 10 million units annually by 2018, which would rank it as the world's largest automaker.
The United States will play a big role in VW's 10 million unit sales goal. The German automaker expects to sell 800,000 VWs and 200,000 Audis annually in the U.S. by 2018, which is about double the current sales totals for both marques.