Geneva (AP) - Car makers showcased their newest models Monday in Geneva, ahead of the Geneva Motor Show.
Volkswagen has several cars on display, including the XLI-concept car. In addition, the Volkswagen Golf was also named Europe's Car of the Year by automotive journalists from more than 20 countries. Introduced in 1974 and recently redesigned, the hatchback is the company's mass-market flagship - and a key element in its ambition to overtake Toyota as the world's biggest carmaker.
But while Volkswagen profits soared 41 percent in 2012, tough economic times have hurt most european automakers.