By Nick Tattersall FRANKFURT, July 25 (Reuters) - A dearth of car buyers, a strong euro, and the cost of rejuvenating an ageing product line will have halved profits at Germany's Volkswagen when it reports on business in the second quarter later on Friday. Falling sales and tougher price competition on both sides of the Atlantic are expected to have driven operating profit at Europe's biggest carmaker down to 730 million euros from 1.4 billion a year ago, according to a Reuters poll of ...
Premium Content (PAID Subscription Required)
"VW profits expected to halve as euro, economy weigh" 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: firstname.lastname@example.org or phone: (248) 799-2642