Volkswagen to meet 2008 pretax target a year early

Newswire

FRANKFURT, July 27 (Reuters) - Volkswagen , the world's fourth largest carmaker, will meet its 2008 pretax profit target of 5.1 billion euros ($7 billion) a year earlier than planned, the company said on Friday. After reporting a 45 percent increase in pre-exceptional operating profit to 2.82 billion euros for the first half, Volkswagen said it would "significantly" exceed the previous year's figure before special items, which was 4.38 billion euros.

Premium Content (PAID Subscription Required)

"Volkswagen to meet 2008 pretax target a year early" 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.

Sponsored Introduction Continue on to (or wait seconds) ×