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STOCK MARKET VIEW - VW - Pause for breath
VW expects flat profits in 2012 , then acceleration resumes
Published: Thu, 15 Mar 2012 18:11:56 GMT
 

Piëch adds wife to board in legacy move - “(VW) has come through the industry’s recent turmoil in much better shape than many of its competitors”

Volkswagen’s earnings growth will flatten temporarily this year, before resuming an onward push towards new records next year, investment bankers said.

VW had to weather some difficulties in the fourth quarter, as costs for installing the MQB modular manufacturing system mounted, and adverse pricing in Europe and Brazil hurt profits
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Mr and Mrs Piëch to sit on VW supervisory board

Mr and Mrs Piëch to sit on VW supervisory board

 

 

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