Volkswagen Quarter

VW released figures for first quarter of German automaker Volkswagen has published its figures for the first quarter 2011 and thus significantly exceeded expectations. Analysts even believe that the long-term goal of the company, to become the world’s largest automaker by 2018 could previously be achieved with these results. The Exchange Portal presents the latest figures. The figures for the first quarter of 2011 are positive for Volkswagen and Volkswagen shares have risen 4.4 percent. Operating profit was EUR 700 million of the expected outcome.

Overall, he was 2.9 billion euros. Sales also grew significantly and rose by 31 percent to 37.5 billion euros. Overall, the Group managed to get two million vehicles in the first quarter. The company thus approaching his long-term goal of becoming the world’s largest automaker by 2018 and to replace Toyota at the top. Analysts on the basis of the current figures assume that This goal could be achieved earlier. In addition, that Toyota currently has to suffer the consequences of the recent disasters in Japan. More information:… University Service GmbH Lisa Neumann