VW sees N.America profit by 2008 "a challenge"-WSJ

Newswire

FRANKFURT, Nov 30 (Reuters) - Volkswagen is "unlikely" to make a profit in North America in 2007 and thinks breaking even in 2008 now "looks like a challenge", its regional head told the Wall Street Journal in an interview published on Thursday. Adrian Hallmark was quoted as citing the slowing U.S. economy as a reason for questioning the 2008 break-even goal, but said he was confident Europe's biggest carmaker could earn money in North America in 2009 as it expands its model range. ...

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