Volkswagen says Q1 VW brand profit falls to 590 mln euros


BERLIN, April 29 (Reuters) - Germany's Volkswagen said on Monday that first quarter operating profit at its core namesake brand fell 45 percent to 590 million euros ($769 million), hurt by slumping auto demand in European markets. Underlying profit at the Audi luxury brand dropped to 1.3 billion euros from 1.4 billion euros a year earlier, Europe's largest car manufacturer said. ($1 = 0.7676 euros) (Reporting by Andreas Cremer; Editing by Ludwig Burger)


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

Feb 10, 2016

GM 3.6L V-6 -- 2016 Award Acceptance

General Motors accepts its award at the 2016 Wards 10 Best Engines ceremony, held Jan. 13 in Detroit....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×