Dave Posted July 27, 2007 Report Share Posted July 27, 2007 BBC news [ QUOTE ] Volkswagen, Europe's biggest carmaker, has reported a jump in profits and said it expects to sell a record number of vehicles, lifting its share price 5.5 [/ QUOTE ] Good news for VW.. and who can blame them.. innovate design and quality product... how Ford and Vauxhall must look on in despair. Link to comment Share on other sites More sharing options...
CarMad Posted July 27, 2007 Report Share Posted July 27, 2007 Vauxhall are doing very well sales wise, its the US division within GM thats the problem at the moment. VW's share price has been very low for a long time so it could do with going up, its the work that Pischestrider did in sorting out the new agreements with the unions thats also helping to cut costs dramatically. They need to get the new Golf platform out now to make even more. Link to comment Share on other sites More sharing options...
D1MAC Posted July 27, 2007 Report Share Posted July 27, 2007 [ QUOTE ] Vauxhall are doing very well sales wise, its the US division within GM thats the problem at the moment. [/ QUOTE ] The situation with Ford (as in ordinary Ford and not PAG with the dead weight that is Jaguar) isn't a million miles away from that either. FoE is just about doing ok and elsewhere is letting the side down. In both cases the real mess is being created by the US with it's strong union, legacy care costs and some rather interesting approaches to marketing and costs. Plus plenty of woeful product of course Link to comment Share on other sites More sharing options...
cruiser647 Posted July 27, 2007 Report Share Posted July 27, 2007 [ QUOTE ] BBC news [ QUOTE ] Volkswagen, Europe's biggest carmaker, has reported a jump in profits and said it expects to sell a record number of vehicles, lifting its share price 5.5 [/ QUOTE ] Good news for VW.. and who can blame them.. innovate design and quality product... how Ford and Vauxhall must look on in despair. [/ QUOTE ] Maybe the Veyron showpiece helped boost sales??? Will we ever know? Link to comment Share on other sites More sharing options...
RedRobin Posted July 27, 2007 Report Share Posted July 27, 2007 VeeDubs are great products [in my unbiassed opinion ], so good luck to them . Link to comment Share on other sites More sharing options...
Mook Posted July 27, 2007 Report Share Posted July 27, 2007 [ QUOTE ] Maybe the Veyron showpiece helped boost sales??? Will we ever know? [/ QUOTE ] Boost sales of VW group cars, probably yes. But sales of the Veyron contributing towards group profits It's interesting that, since Porsche (the most profitable car manufacturer in terms of %ge profit against sales revenue) took yet more share ownership of VW, the business is being turned around... Link to comment Share on other sites More sharing options...
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