FRANKFURT, April 28 (Reuters) - Production cost savings gained through its "ForMotion" programme have allowed Volkswagen , Europe's biggest carmaker, to easily offset continued high prices for raw materials, the company said on Friday. "In spite of the price increases on the energy side, on the raw materials side, we're clearly able to significantly over-compensate these developments," Chief Financial Officer Hans Dieter Poetsch told a conference call. Volkswagen said a 200-million-euro ...
Premium Content (PAID Subscription Required)
"Volkswagen's cost savings offset high input prices" 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
Lisa Williamson by email: email@example.com or phone: (248) 799-2642