CORRECTED - UPDATE 1-Volkswagen cuts profit goal, but less than feared

Newswire

In FRANKFURT item headlined "Volkswagen cuts profit goal, but less than feared", please read in paragraph 7 .... Chief Financial Officer Hans Dieter Poetsch... instead of ... Chief Executive Officer Hans Dieter Poetsch ... (corrects title). A corrected version follows. (Adds background, details, share) FRANKFURT, July 23 (Reuters) - Volkswagen slashed its 2004 profit target following weak first half earnings, Europe's largest carmaker said on Friday, but its shares climbed as many ...

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