VW to build 1.6 million MQB-based vehicles, such as new Golf, in 2014.
So far, 2014 has been a mixed bag for the auto industry, and Volkswagen Group expects the rest of the year to remain so, as pricing pressures in emerging markets and aggressive new-model investment costs offset some of the gains being made in more established regions. The German automaker posted solid, but not spectacular, results for first-quarter 2014, with revenues inching up 2.7% from year-ago to €47.8 billion ($66.1 billion), operating profits jumping 10.4% to €2.9 billion ...
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