VW denies falling short of profit goals

Volkswagen has issued a statement denying a recent media report that suggested the OEM was seeking cost cuts and had reduced its primary 2015 financial targets. German language publication Manager Magazin had reported that VW’s Chief Financial Officer Hans Dieter Poetsch had alerted company managers that financial targets for 2015 Subscribe to Automotive World to … Continued

• By Megan Lampinen
• September 20, 2013