VW's MQB platform already cuts costs, offsets forex effects -CFO


BERLIN, Oct 30 (Reuters) - Volkswagen Finance Chief Hans Dieter Poetsch said the carmaker's new "MQB" modular platform is already helping to cut costs, dismissing concerns that the technology is weighing on profit. Savings achieved through the vehicle platform will also help offset adverse currency effects, Poetsch said on Wednesday during a conference call, without being more specific. Currency effects should be "somewhat higher" next year than in 2013, the CFO ...


To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!

Already registered? here.

Dec 6, 2016

2017 Wards 10 Best Engines: Falling in Love With 6-Cyl. Turbos

BMW and Ford each have two stout turbo-6s in the hunt this year, while Infiniti has one. All five are smooth, extremely refined, reasonably fuel-efficient and dishing up loads of horsepower and torque....More


Diesels Power Profit Gains by VW's Lending Unit  

Volkswagen Financial Services cites increased demand for diesel cars in upgrading its projected 2016 profit from €1.92 billion to a record €2.1 billion....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×