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Volkswagen Group Quarterly Earnings Up to $4.56B Due to Cost Cutting and Luxury Brands



 
 
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Old August 2nd 13, 08:09 AM posted to rec.autos.makers.vw.watercooled
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Default Volkswagen Group Quarterly Earnings Up to $4.56B Due to Cost Cutting and Luxury Brands

Though sales in Europe are at their lowest in 20 years, the Volkswagen Group reported an unexpected increase in quarterly earnings, attributed to new cost saving technology and strong sales at its luxury brands. VW operating profit was up to 3.44 billion euros ($4.56 billion) from 3.38 billion last year. Net income was 2.83 billion [...]
Read Mo http://www.thetruthaboutcars.com/201...luxury-brands/

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