It probably hasn’t escaped your attention that the Volkswagen Group plans to be the world’s largest car maker by 2018. And if two of its revelations in the past 24 hours come off, it would be almost incomprehensible if it doesn’t get there.

First up is its new budget brand to rival Dacia, which VW R&D chief Ulrich Hackeneberg spoke so candidly about for the first time.

VW has a wealth of tried, trusted and fully developed mechanicals across many different car sizes and model types in its stable that it can quite conceivably roll-out for its new brand in little time and without vast set-up or development costs.

And on top of that, it has the production lines to build the models and a full stock of parts and suppliers to call on with its enormous buying power to keep costs to a minimum.