Germany: Volkswagen boosts profits in Q1

Volkswagen has presented an outline of its financial performance in the first quarter of 2010, showing revenue of €28,647m (US$38.6bn), an increase of 24.4% from the €23,999m reported in Q1 2009, and operating profit of €848m, a margin of just under 3%. The Q1 2009 operating profit was €312m, a Subscribe to Automotive World to … Continued

• By Webmaster
• April 21, 2010