VW’s start to the year worse than 2012

Whilst VW managed to increase its share of the French market, up to 14.14% from 13.77% it still saw sales fall 7.5% in February and according to the CFO, Hans Dieter Poetsch, the first quarter of 2013 “will be clearly” below the same quarter in 2012. If this trend were continue for the rest of the year it would be the first time since 2009 that VW hasn’t seen a rise in annual operating profits.

http://europe.autonews.com/article/20130225/ANE/302259890/volkswagens-start-to-year-is-worse-than-in- 2012-poetsch-says&cciid=email-ane-daily#axzz2MIyoGvJp