VW says expects Q4 to be toughest

Newswire

FRANKFURT, July 30 (Reuters) - The chief executive of German carmaker Volkswagen AG said on Tuesday he expected the fourth quarter to be the toughest in the car market this year. "Just by experience, and this is more market driven than by internal expectations, it will be the last quarter of this year which will be the most difficult one, when we look at the next six quarters," Chief Executive Bernd Pischetsrieder told a conference call. VW is to launch 12 new models by the end of 2003, ...

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