Tag Archives: vw results

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

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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

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