Archive for the ‘Financial’ Category

Volkswagen Quadruples its Net Profit for Q1 2006

Tuesday, May 2nd, 2006

Volkswagen AG Profits

Just because some automakers are forecasting dark wintry days ahead despite summer being just around the corner, doesn’t mean all manufacturers are suffering. Actually, many of the Asian and some European brands are posting record profits month over month, and while Volkswagen Group isn’t quite yet among these record breakers, nor is it even noticeably out of the red, the first quarter of 2006 is definitely looking up.

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