UPDATE 2-VW sees weak start to 2003, better second half


(Adds fund manager comment, detail on China, Q1 sales) By Nick Tattersall HAMBURG, April 24 (Reuters) - Volkswagen braced shareholders for a significant fall in first-quarter profit on Thursday, hit by weak exchange rates, development costs and equity writedowns, but said new models would help business in the second half. After his first year at the helm of Europe's biggest car maker, Chief Executive Bernd Pischetsrieder told the group's annual general meeting the weakness of the ...

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