GM Europe shows signs of upturn

Article Abstract:

General Motors Europe is beginning to see a turn around in automobile sales in Europe. General Motors Europe Chairman Frederick Henderson said "There's a view the tide is beginning to turn." The automobile company is still forecasting a loss of approximately $500 million in Europe this year and will not give financial projections for 2006.

Europe, United States, Switzerland, Company Profile, General Motors Europe AG

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Volkswagen considers second North American plant

Article Abstract:

Second-quarter net profit for Volkswagen AG increased 42% to reach $1.68 bil, due primarily to reduced costs and improved sales. The company is considering building a new plant in North America to increase its local presence for US customers.

Foreign operations, North America, Germany, Volkswagen AG, Financial report

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