VW's profit increases; CEO wagers on quality
Article Abstract:
New Chief Executive Officer Martin Winterkorn, Volkswagen AG of Germany is planning to increase sales through innovations in design and quality. Profit for the fourth quarter rose to 1.54 billion Euros from 435 million Euros last year. Financial projections predict pretax profit for 2008 to be 5.1 billion Euros ($6.7 billion).
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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BMW's new-car sales buck decline in Europe
Article Abstract:
Total new-car registrations dropped 2.1% in November 2008, but rose 12% in the European Union's new member nations. Registrations for Germany's BMW AG rose 17% to reach 1.25 mil vehicles; those for France's Renault S.A. increased 11%. However, Daimler AG registrations dropped 3.9%, while Volkswagen AG's fell 7.2%.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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