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Volkswagen reiterates 2002 profit goal

WOLFSBURG, Germany June 25 (Reuters) - Europe's biggest automaker Volkswagen AG still expects to match its 2001 full-year pre-tax profit of 4.4 billion euros ($4.3 billion) this year, its chief executive said on Tuesday.

Asked if he still aimed to match last year's pre-tax profit, VW Chief Executive Bernd Pischetsrieder told reporters: "Yes, that is our goal."

He also said the carmaker still aimed for unit sales of five million cars this year. "But how should I know if at the end of December we have a few hundred more or less?"

As car sales decline in western Europe, especially in VW's home market of Germany, volume carmakers are struggling to keep up sales and fierce price competition is putting pressure on margins.