FRANKFURT, July 30 (Reuters) - Volkswagen AG , Europe's biggest carmaker, said on Tuesday its first half pre-tax profit dropped 4.1 percent to 2.263 billion euros ($2.23 billion), beating analysts' expectations. But VW watered down its profit outlook, saying it expected a pre-tax profit of "around four billion euros" for the full year. It had previously said it would match last year's record 4.4 billion euros. The company also said it expected unit sales of just under five million units ...
Premium Content (PAID Subscription Required)
"Volkswagen H1 profit beats 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
Lisa Williamson by email: email@example.com or phone: (248) 799-2642