Volkswagen will reorganize its key brands into two parts

Article Abstract:

The supervisory board of Volkswagen AG confirmed that the firm will reorganize its main car brands into two groups, one to be managed by Audi, and the other to be headed by Volkswagen. Chairman-elect, Brendt Pischetsrieder, wants to boost the auto maker's image and quality.

Abstract, Pischetsrieder, Brendt

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Volkswagen expects profit to rise to ambitious targets

Article Abstract:

Volkswagen AG Chairman Ferdinand Piech announced that he expects the car makers' sales and profit to increase this year and achieve a return-on-sales target in 2002.

Sales, profits & dividends, Finance

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VW is considering a reorganization into three divisions

Article Abstract:

Volkswagen AG might reorganize its operations into three divisions, volume cars, premium cars, and commercial vehicles.

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