Volkswagen AG says its North American business unit is unlikely to report break-even financial results this year as previously predicted, due to weaker sales and unfavorable foreign exchange-rate prospects. Hans Dieter Potsch, VW’s chief financial officer, tells analysts at a conference in London the auto maker’s U.S. operations currently are under review, adding further cost reductions will be implemented in the region this year. North America already has received the new ’06 VW Jetta, ...

Premium Content (PAID Subscription Required)

"VW Lowers N.A. Expectations" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Already registered? here.