VW not hurt by credit crisis; no pressure on MAN


HAMBURG, Germany, April 24 (Reuters) - Volkswagen reaffirmed on Thursday it did not expect to be hurt by the ongoing turbulence in credit markets nor did it feel it was under any time pressure to further expand into the heavy trucks industry. "We don't expect these (market uncertainties) to directly affect our business activities, not even in our Financial Services division," VW Chief Financial Officer Hans Dieter Poetsch said in comments prepared for its annual meeting. He added that ...

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