Reutterwerk - View Single Post - VW expects record profits from SUVs and cost cutting

RSS Feed · 12-19-2019, 10:55 PM

Volkswagen's namesake core brand is on track to post a record operating profit this year thanks to cost savings and its increased sales of sports utility vehicles (SUV's), a senior manager of the unit said. VW's core brand in 2019 has gained market share and has increased its operating profit substantially, Chief Operating Officer Ralf Brandstaetter said on Wednesday in comments embargoed for Thursday.Continue reading VW expects record profits from SUVs and cost cutting

VW expects record profits from SUVs and cost cutting originally appeared on Autoblog on Thu, 19 Dec 2019 10:42:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

More...

12-19-2019, 10:55 PM	#1
RSS Feed Newsfeed Bot Join Date: Aug 1998 Posts: 6,228 Thanks: 0 Thanked 10 Times in 10 Posts	VW expects record profits from SUVs and cost cutting Filed under: Earnings/Financials,Green,Volkswagen,Crossover,SUV,Electric,Future Volkswagen's namesake core brand is on track to post a record operating profit this year thanks to cost savings and its increased sales of sports utility vehicles (SUV's), a senior manager of the unit said. VW's core brand in 2019 has gained market share and has increased its operating profit substantially, Chief Operating Officer Ralf Brandstaetter said on Wednesday in comments embargoed for Thursday.Continue reading VW expects record profits from SUVs and cost cutting VW expects record profits from SUVs and cost cutting originally appeared on Autoblog on Thu, 19 Dec 2019 10:42:00 EST. Please see our terms for use of feeds. Permalink \| Email this \| Comments More...