Volkswagen Beats Estimates
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Third-quarter operating profit rose more than 50 percent thanks to resurgent earnings at the companyâs core VW brand.
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Volkswagen, the German carmaker, shrugged off broader equity market losses on Tuesday after reporting strong full-year results.
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Toyota Motor Corp. (7203.T), the world's  most profitable car maker, posted a better-than-expected 26.5  percent rise in quarterly operating profit as sales charged  ahead in North America and Europe, and kept its forecast for  another year of record earnings.
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Skoda Auto, the Czech Republic's biggest car producer, boosted first-half net profit by 62.3 percent to 6.4 billion koruna (224.7 million euros, 287.2 million dollars).
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Volkswagen, Europe's biggest car maker, has expressed optimism about prospects in its current business year after earnings rose sharply last year on cost-cutting and capital gains.
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German business confidence brightened in November for the second month in a row, beating economists' forecasts, according to a closely watched survey Thursday.
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German mass carmaker Volkswagen   improved January VW brand sales in the United States  by 2.3 percent to 16,610 vehicles thanks to rising demand for  the Passat estate and the Golf GTI models, the company said  late on Thursday.
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Porsche, the German maker of luxury sports cars, said that the popularity of its Cayenne sports utility vehicle enabled it to brave the difficult economic environment and steer profits to record levels in the 12 months to July.
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Two of Europe's biggest car-makers, Volkswagen and Opel, will this week open the latest front in German industry's battle to slash costs, secure longer working hours and impose more flexible conditions -- or ...
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Volkswagen says full-year profits more than double fuelled by unit sales and increased demand for new models.
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The German economic outlook has rarely looked sunnier, with sky-high business confidence and growth strong enough to shrug off a sharp rise in sales tax early this year, data showed on Thursday.
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German mass carmaker Volkswagen  improved January VW brand sales in the United States by 2.3 percent to 16,610 vehicles thanks to rising demand for the Passat estate and the Golf GTI models, the company said late on Thursday.
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Demand for Volkswagen and Audi vehicles helped VW sell more than three million cars in the first two quarters of this year.
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German carmaker Volkswagen said Friday sales had soared at its plant in Slovakia by 26 percent to nearly $3 billion in the first half of 2004.
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Volkswagen's  Audi  premium unit aims to raise sales in the United States to 200,000 vehicles by 2015 from last year's 90,000, Audi's sales and marketing boss told a German newspaper.
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Net income for the second quarter climbed on solid sales of smaller, fuel-efficient vehicles and cost-cutting efforts.
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Volkswagen's  premium unit Audi AG  increased sales at its flasghip Audi brand in January by 8.0 percent to 75,150 vehicles, Audi said on Wednesday.