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Volkswagen Group Posts Record Profit of €11.3 Billion
Volkswagen Group is now the second largest vehicle maker in the world behind General Motors Company and just ahead of Toyota Motor Corporation, which struggled to maintain production because of natural disasters last year. GM earned a record € 6.78 billion ($9.1 b) in 2011; Toyota – on the Japanese fiscal year that ends in March of 2012 had profits of €1.50 billion (¥162.5) during first 9 months. Continue reading
Volkswagen Group Sets Q1 and March Sales Records
By posting what was a 13.7% increase Europe’s largest automaker outperformed the overall market, which grew 8.1% based on preliminary Q1 results. Continue reading
Posted in auto news, marketing, results, sales
Tagged audi, auto informed, auto news, autoinformed, autoinformed.com, automotive news, global auto results, Ken Zino, q1 results, results, seat, skoda, vw china, vw results, zino
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