SHARE THIS ARTICLE

Volkswagen AG will have a "positive result" in the second quarter and would consider giving sports car maker Porsche a loan if asked, CFO Hans Dieter Poetsch said on Saturday.

We will surely end with a positive result," Poetsch told Reuters, referring to the second quarter.

"We've reduced volumes and inventories which is why we have a strong cash flow. In the second quarter we will continue on this path. Net liquidity will remain at a high level," he said on the sidelines of a conference in Bayreuth


2009 Concours on Rodeo Photo Gallery

2010 Ford Taurus and Taurus SHO Photo Gallery
 

AutoSpies.com Photo Galleries

If you want to see your photos running on our homepage photo ticker, be sure to upload your photos on the go by sending them to Mobile@AutoSpies.com

Share on Facebook




Read Article


Volkswagen Sees Strong Cash Flow In Q2:  Funds Are Available For PorscheTo Tap

About the Author

Agent009