Showing posts with label Dr Winterkorn. Show all posts
Showing posts with label Dr Winterkorn. Show all posts

Saturday, 23 February 2013

VW sales, employees rise nine per cent


Volkswagen has announced sales revenue for the 2012 financial year of €192.7 billion (prior year: €159.3 billion),

The Group’s operating profit of €11.5 billion (€11.3 billion) exceeded the prior-year record level.

“The economic environment for our business became noticeably more difficult as the year progressed. Nevertheless, we succeeded in meeting the targets we set ourselves for 2012,” said Prof. Dr. Martin Winterkorn, chairman of the board of management of Volkswagen Aktiengesellschaft.

Winterkorn remained guardedly confident about 2013: “We, too, are not completely immune to the intense competition and the far-reaching crisis in key European markets. Furthermore, uncertainty in the economic environment continues. Nevertheless, we see good opportunities for the Volkswagen Group to once again outperform competitors this year thanks to our sound financial strength and earning power, a broad-based and attractive model range, an expanding presence on all major global markets and our comprehensive financial services.”