The year's first half was good to European automakers, which report rising sales around the world. Volkswagen AG, PSA Peugeot Citroen and DaimlerChrysler AG's Mercedes-Benz are the big winners. Renault SA sales increased slightly, while Fiat SpA and BMW AG posted gains in revenue and income over the same period last year. VW net income rose to DM1.25 billion (US$597 million), up 48% from the first half of 1999, when a one-time tax charge bit into profits. Europe's largest automaker ...
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