Germany: VW beats forecasts in Q1

Volkswagen has reported a strong start to 2012, its Q1 operating profit growth of 10.2% solidly beating analysts' expectations. The company has maintained its positive expectations for the full year, noting that sales revenue will exceed the prior-year figure (€159.3bn [US$210bn]), helped by the consolidation of MAN SE as of 9 Subscribe to Automotive World … Continued

• By Webmaster
• April 26, 2012