VW Group Results - Porsche, Audi make huge contributions - 10 million sales target arrives four years early

STOCK MARKET VIEW
10 Million sales target arrives early
Volkswagen sales boom, but profits will fail to keep pace
Published: Tue, 18 March 2014 16:55:02 GMT
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Porsche, Audi make huge contributions - 10 million sales target arrives four years early

Volkswagen has an impressive record of accelerating sales as it pushes towards its ambition of number one in the world and 10 million plus sales a year, but investors are worrying because VW brand profits are stagnating and aren’t likely to gather pace any time soon.

€11.7 billion
VW Group operating profit in 2013

The fact that recently acquired Porsche is proving massively profitable, alongside the premium subsidiary Audi, will probably help to console them though...more

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€11.7 billion VW Group operating profit in 2013

€11.7 billion
VW Group operating profit in 2013