Volkswagen reiterates targets before analyst update

Newswire

FRANKFURT, Aug 24 (Reuters) - German carmaker Volkswagen reiterated its financial targets in slides posted on its Web site before a analyst conference in London due to start at 0830 GMT on Wednesday. Europe's biggest carmaker repeated that it aims to achieve an annual pretax profit of around 5.1 billion euros ($6.24 billion) in 2008 thanks to a planned 4 billion euro gain as part of its "ForMotion Plus" efficiency programme. It also said its entire loss-making operation in the United ...

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