Audi Profits Offset European Losses As Volkwagen Posts 3.4% Gain In Q2

Agent009 submitted on 7/26/2012 Official Bell & Ross Timestamp: 10:45:18 AM

5 user comments | Views : 3,641 | Category: Misc News | Source: | SOURCE: www.bloomberg.com

SHARE THIS ARTICLE

Volkswagen, Europe’s largest carmaker, reported slowing earnings growth as the impact of the sovereign debt crisis weighed on demand in its home region.



Second-quarter operating profit rose 3.4 percent to 3.28 billion euros ($3.98 billion), the Wolfsburg, Germany-based company said today. That compared with a first-quarter increase of 10 percent. Second-quarter revenue gained 19 percent to 48.1 billion euros. Sales climbed 26 percent in the first quarter.




Read Article


Audi Profits Offset European Losses As Volkwagen Posts 3.4% Gain In Q2

About the Author

Agent009

Honor thy error as a hidden intention.

— Agent009 (View Profile)


User Comments

Agent009

That is an odd way to gauge the results (all models over time)

Yes Audi is 23rd in overall repair cost (Ouch)
But actually Audi is 29th in frequency over all (Yuk)

But according to what they indicating it doesn't reflect the newer cars it reflects ALL models on the road.

No one else does this that I am aware of and it isn't much of an indicator of new vehicle reliability. It appears more of a factor of long term history.

So basically if you had problems in the past it will haunt you today.

— Agent009 (View Profile)

Posted on 7/26/2012 2:41:21 PM | reply to this comment | Votes: 1   

USNA1999

Regardless of were AUDI is ranked in this BS survey, they are doing extremely well. Just imagine if they wouldn't have this quality problems. They would dominate the market.

— USNA1999 (View Profile)

Posted on 7/26/2012 3:22:57 PM | reply to this comment | Votes: 1   

chewy

Improving upon record profit isn't too bad in these conditions.

— chewy (View Profile)

Posted on 7/27/2012 12:27:12 PM | reply to this comment | Votes: 1   

Add your Comments

Images hosted in your AgentSpace can now be posted in the comments section using the following syntax (case matters): [img]IMAGE URL[/img]
Example: [img]http://agent001.myautospies.com/images/sample.jpg[/img]