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. ...

Premium Content (PAID Subscription Required)

"VW sees N.America profit by 2008 "a challenge"-WSJ" 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
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.

Sponsored Introduction Continue on to (or wait seconds) ×