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Earnings: VW brand out of the red; Audi holds strong

04/28/2006, 11:23 AM

By admin

Volkswagen today said deliveries to customers rose by 15.1 percent compared with the first quarter of 2005 to 1.361 million vehicles. Sales revenue grew 21.4 percent to €25.3 billion. Operating profit before special items increased 55.1 percent to €726 million. In the first quarter of this year, the Volkswagen brand reported a positive operating profit of €134 million, €187 million higher than the negative figure for the previous year. Development of the Audi brand group remained very positive. At €318 million, operating profit in the first quarter of 2006 was 5 percent up on the prior-year period.

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04/28, 12:02 PM

posted by:

joeb

VW could be gaining even more market share in this country if it would start importing more diesels! Come on VW get back in the game and pay attention to the fact that the US market is rapidly evolving away from the SUV mindset and WANTS all those wonderful “world” vehicles that have been unavailable here in the US.

04/29, 2:25 PM

posted by:

eazeonmahjetta.corrado.scirocco

The diesels that VW built lately don’t pass US emissions. that’s the only reason there aren’t as wide of a gamut on the US market. They’re everywhere in Europe and are getting up to 60-70 mpg. On top of that they’re cheaper than hybrids and can run off of biodiesel. Gotta love donught grease powered DUBS

05/04, 12:03 PM

posted by:

Sjaak

The problem is not with American emission standards, but the quality of American diesel fuel. The high sulphur content in American diesel fuel makes it near impossible to reach emission standards and degrades engine components of the more advanced diesel engines much faster than the clean European fuels.

 
 
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