Volkswagen Profits Double In 2011

If the latest numbers are any indication, Volkswagen is clearly on its way towards world domination.  The German maker is reporting that its profits more than doubled last year while global sales jumped 14.7%.

Volkswagen, no longer limited to the “people’s car,” but owning or partnering with a dozen different brands, has set out a goal of ending the decade as the world’s largest automotive manufacturer.  It didn’t quite get there in 2011, but with sales soaring to 7.2 million it punched by struggling Toyota, landing second only to revived U.S. giant General Motors.



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BrownsGoBack - 2/27/2012 5:02:05 PM

+2 Boost

OMG! Haven't people heard that VWs fall apart on you the minute you drive them off the lot?!