VW's profit increases; CEO wagers on quality

Article Abstract:

New Chief Executive Officer Martin Winterkorn, Volkswagen AG of Germany is planning to increase sales through innovations in design and quality. Profit for the fourth quarter rose to 1.54 billion Euros from 435 million Euros last year. Financial projections predict pretax profit for 2008 to be 5.1 billion Euros ($6.7 billion).

Forecasts, trends, outlooks, Management dynamics, Management, Company business management, Company business forecast/projection, Company forecasts, Company overview, Financial report, Winterkorn, Martin

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BMW's new-car sales buck decline in Europe

Article Abstract:

Total new-car registrations dropped 2.1% in November 2008, but rose 12% in the European Union's new member nations. Registrations for Germany's BMW AG rose 17% to reach 1.25 mil vehicles; those for France's Renault S.A. increased 11%. However, Daimler AG registrations dropped 3.9%, while Volkswagen AG's fell 7.2%.

Europe, Market share, France, BMW AG, Regie Nationale des Usines Renault, Company market share, Daimler AG, DAI

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