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VW aims for long-term profits


The German automaker has managed to overcome General Motors last year to snatch the second place among global automakers. But that’s not all, because besides the stride to become the absolute No. 1, the carmaker also wants to pull ahead in terms of profits. If you watched the evolution of the VW Group – with its myriad of auto brands (from ...
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More profit articles

Aston Martin tones down 2013 loss
The luxury British sportscar maker Aston Martin, best known for the models that became trusty James Bond companions, has announced its pretax loss for 2013 went down by a third. The ...
Opel still on target to achieve profit goal
General Motors has been losing money for years with its Opel/Vauxhall unit, but finally the division’s CEO, Karl-Thomas Neumann has high hopes the company would finally hit its target and ...
Ford cuts the profit forecast for 2014-2015
The second largest US automaker announced during an investor meeting yesterday that its predictions for the pretax profit in 2014 has been trimmed to $6 billion, lower than the previously ...
Russia: AvtoVAZ mulls return to profit amid slumping market
Russia’s largest automaker, now under the control of the Renault-Nissan alliance, has vowed to return to profit through cost cutting measures and the introduction of new models to regain critical ...
China: Geely’s first half profit dips 20%
Geely Automobile Holdings Ltd, one of the major domestic carmakers in China, announced its six months profit dropped 20%, disrupted by a sales slump at home as major foreign brands ...
Volvo six months profits up on China demand
The Swedish automaker, now a subsidiary of China’s Zhejiang Geely Holding Group, reported first half profit was positive thanks to sales jumps in China and a stronger performance in the ...
UK: healthy auto industry gives boost to car dealership profits
Great Britain, buoyed by the rising economy, consumer confidence and advantageous financing schemes, has seen the return of car sales to the levels reported before the 2008-2009 economic crisis. The incredibly ...
Buoyed by Jaguar Land Rover, Tata Motors sees rising profits
India’s largest carmaker, Tata Motors, saw its quarterly profit increase threefold because of high demand for cars produced by the British luxury division. Even if the automaker struggles at home, where ...
Porsche SE reports higher profit, ready for new acquisitions
The German holding company Porsche SE, which has a majority stake in Volkswagen, has announced its second-quarter after-tax profit climbed 17%. The company also stood by its full-year predictions and ...

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VW aims for long-term profits
The German automaker has managed to overcome General Motors last year to snatch the second place among global automakers. But ...
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