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WORLD -
VW cash taps
still running |
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Just three months into the current year, thanks
to a 11.2 per cent jump in global vehicle
deliveries to a highest-ever 2.26m vehicles for
the period, Volkswagen Group almost doubled
its pre-tax profits to 4.3bn, following a strong
26.3 per cent jump in sales revenue to 47.3bn. Volkswagen offered an upbeat but still cautious outlook for the current year, saying it will further increase both its sales revenue and vehicle deliveries, but expects 2012 group operating profits to only match the 11.3bn posted during the whole of last year. Of late, the Volkswagen Group seems to be able to do no wrong. Among the first to kick off this years spring results presentations, the group started the new year in the manner it spent all of last year, growing markedly faster than generally expected  VW produces shining results |
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