Volkswagen reported a three-fold profit leap Wednesday and said it had sold two million cars in the three months from January through March, a new milestone for the biggest car maker in Europe.The VW statement underscored "sustained high demand in China ...
The group reported a profit of 2.2 billion euros (3.0 billion dollars), reflecting strong demand and strict cost controls but did not raise its full-year outlook even though the targets are considered prudent by analysts."Increased demand for our models ...
Volkswagen, Europe's biggest automaker, benefited from strong sales and favourable exchange rates as it posted Thursday a second quarter profit more than four times the previous year's figure.VW's net profit of 1.25 billion euros (1.6 billion ...
TOKYO/FRANKFURT (Reuters) - Europe's largest carmaker Volkswagen < predicted a smaller full-year operating loss.French carmaker Renault also published a drop in third quarter sales, but the year-on-year fall was less steep than in previous quarters, and it said positive trends seen ...
FRANKFURT (Reuters) - German carmakers Porsche < PSHG_p.DE> VOWG.DE> might merge in 2010 already instead of 2011 as currently planned, German newspaper Die Welt reported, citing VW's finance chief.In a "very optimistic scenario" and if the economy and financial markets ...
German car giant Volkswagen has held up better than rivals in the face of slowing economic activity but it warned on Thursday that 2009 will be a tough year.In the midst of a takeover saga involving Porsche, and wild swings of ...