Volkswagen pins hopes on new Golf

Newswire

By Nick Tattersall WOLFSBURG, Germany, Aug 25 (Reuters) - Europe's biggest carmaker Volkswagen will on Monday take the wraps off a new version of its best-selling Golf, the model investors hope will boost next year's profits and reverse the company's fortunes. VW has in the last two years lost market share to France's PSA Peugeot-Citroen and Japanese rivals with fresher product lineups and the group expects a significantly lower operating profit this year from last year's 4.76 billion ...

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