VW maintains profits target
Adjust font size:
Manufacturing News, Source : TheManufacturer.com
Published : 31 Oct 2002 9:51
Volkswagen, Europe’s largest car manufacturer, is keeping its 2002 profits target despite an abrupt downturn in its third quarter performance.
According to the company the upturn in the first half of the year has not been maintained due to slow growth in the US and Japan. Pre-tax profits in the third quarter fell by nearly 48 per cent to £449 million from the same period last year.
Comments on this story
click here to add a comment
You must be registered & logged in to add comments
already have an account and just want to login?
Manufacturing is to begin again at Fort Dunlop
MANUFACTURING: Refurbished landmark industrial...
more…
McCain’s is to migrate to wind power
FOOD: Turbines to provide over half annual power...
more…
New president of the SBAC defends the right to fly
AEROSPACE: Entering a defining period where...
more…
Sheffield Forgemasters
Sheffield Forgemasters is to give its 700-strong...
more…
SSL International
SSL International, which manufactures Durex...
more…
no comments yet...