The Volkswagen brand’s full year pre-tax profit has risen to about EUR1.6bn from EUR400m a year previously, according to a report.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more


AFX News said Capital magazine reported the news in an advance excerpt from Thursday’s edition.


VW brand sales rose to 3.4m units from 3.1m, the magazine reportedly added, without saying where it obtained the data.


According to AFX News, the report also said the VW brand group plans to continue to reduce its unit production costs. By 2008, it wants to cut spending per vehicle to EUR4,100 from EUR4,475 this year.


VW declined to comment on the report, AFX News noted.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Alos without citing sources, Capital said that VW brand head Wolfgang Bernhard would not attend the Detroit motor show next week and would leave the company at the end of the month, the report added.