VW Regains Profit: Commercials Payoff!

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Old 04-28-2006, 04:55 PM
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Default VW Regains Profit: Commercials Payoff!

Volkswagen today said deliveries to customers rose by 15.1 percent compared with the first quarter of 2005 to 1.361 million vehicles. Sales revenue grew 21.4 percent to €25.3 billion. Operating profit before special items increased 55.1 percent to €726 million. In the first quarter of this year, the Volkswagen brand reported a positive operating profit of €134 million, €187 million higher than the negative figure for the previous year. Development of the Audi brand group remained very positive. At €318 million, operating profit in the first quarter of 2006 was 5 percent up on the prior-year period.

VW commercials are the bomb. It's great to see that they are working good!
 
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