Good results for Volkswagen
July 30th, 2010The results for the second quarter show that the net income of the Volkswagen Group was 1.25 billion euros, while a year ago at this time was 4.5 times lower, 283 million euros.
This has enabled the company’s profits to reach 721 million euros, the agency Bloomberg. The main markets thanks to achieve better financial results as are the U.S. and China.
The most profitable group of models Volkswagen Golf and Audi A5. For the first six months of the year in the United States sold 175,300 cars in group VW, which is 29 percent more than the same period last year.
For Germany’s future plans to further increase its presence in the markets in the U.S. and China. For this purpose next year VW will open a new plant in the U.S. and will build over the next 3-4 years two more in China. So GW will be able to produce the most populous country in the world instead of the current 1.4 million cars, up to 3 million per year.
Experts say such aggressive plans to develop fully realistic. Volkswagen Group as a whole achieved in recent months performing all world markets. This allows you to make optimistic forecasts about the possibilities of Volkswagen to become the number one producer in the world before the deadline for this to 2018.