Q1 Profits Triple For Volkwagen
Published Friday, 06 May, 2011 by Blog Admin. Categories: News.
2011 is turning out to be an unbelievable year for German auto maker Volkswagen, as they post triple profit earnings for its first quarter - mostly in China. Vehicles like the updated Volkswagen Tiguan and Volkswagen Jetta brought in record numbers as well.
High numbers of new and return customers stepped onto Volkswagen lots, such as Boston Volkswagen at 43 North Beacon Street Watertown, MA 02472.
Thanks to Chinese car buyers, Volkswagen displayed $2.5 billion in earning during Q1. China might stay on course with other rising markets, notably Brazil, Russia and India. CEO Martin Winterkorn predicts vehicle deliveries "will…