This is going to be an interesting race, the one to see which car company is the most profitable in the world. Will it be a big, multi-brand automaker from Germany, or a big, mostly one-brand automaker from the United States?
Will the winner be Volkswagen AG or Ford Motor Co.? Right now Ford is in the lead.
On Tuesday, Ford said it earned $2.6 billion in the first quarter (all figures in U.S. dollars). Today, VW said first-quarter profit more than tripled thanks to the success of the VW and Audi brands in China. Bloomberg reported that VW Group net income increased to 1.71 billion euros or $2.51 billion from 473 million euros a year earlier. 2011 New York Auto Show Photo GalleryNew York Auto Show Preview Photo Gallery2012 Audi A7 USA Model Photo GalleryLexus LF-Gh Concept Photo Gallery2012 Audi Q3 Photo GalleryAutoSpies.com Photo GalleriesIf 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
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