Volkswagen AG said yesterday that it would refrain from seeking to lure owners of Toyota vehicles in the United States with discounts, and it dismissed price cuts offered by rivals as "predatory practices."
Volkswagen will remain "an aggressive competitor," but it will not target "any one manufacturer" by using special incentives such as those offered by General Motors Co. and Ford Motor Co. to boost U.S. sales, Mark Barnes, chief operating officer of VW's North American unit, said in an e-mailed response to questions from Bloomberg News...
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