Volkswagen beats estimates
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Third-quarter operating profit at Volkswagen  rose more than 50 percent thanks to resurgent earnings at its core VW brand after the world's fourth-largest carmaker cut thousands of jobs last year.
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Two of Europe's biggest car-makers, Volkswagen and Opel, will this week open the latest front in German industry's battle to slash costs, secure longer working hours and impose more flexible conditions -- or ...
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Or does it claw bears? The snowmobile maker beats earnings estimates.
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Representatives from Volkswagen AG and Germany's biggest industrial union said Friday they had agreed to increase working hours at plants in western Germany by more than four hours a week to 33 hours without any increase in pay.
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German auto giant Volkswagen posted Friday a third-quarter net profit of 947 million euros (1.36 billion dollars), compared with just 23 million in the same period a year earlier.
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Volkswagen, the biggest European automaker, sold a record 4.61 million vehicles worldwide in the first nine months of 2007, an annualised increase of 8.2 percent, it said Thursday.
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Automaking giant DaimlerChrysler AG said Thursday it earned nearly $1.2 billion US in the third quarter on good performances from its financial services division and its US Chrysler arm, rebounding from a big loss a year ago when it had a
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Volkswagen's  Audi  premium unit aims to raise sales in the United States to 200,000 vehicles by 2015 from last year's 90,000, Audi's sales and marketing boss told a German newspaper.
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German sports car maker Porsche's  stake of almost 30 percent in Volkswagen  is enough to assert its interests in Europe's biggest carmaker, Porsche's chief executive told a German newspaper.
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The situation at German carmaker  Volkswagen  is serious, a senior executive said,  although he denied a report that the company could cut an extra  10,000 jobs at its core VW brand.
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Porsche, the German maker of luxury sports cars, revised upwards Monday its figures for earnings in the six-month period to January.
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German mass carmaker Volkswagen   improved January VW brand sales in the United States  by 2.3 percent to 16,610 vehicles thanks to rising demand for  the Passat estate and the Golf GTI models, the company said  late on Thursday.
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Volkswagen AG, Europe&#39;s largest carmaker, reported a seventh consecutive decline in quarterly profit as domestic demand weakened and sales growth in China slowed, making the full-year profit target harder to reach.
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Operating profit at Volkswagen rose more than 50 percent in the third quarter, thanks to resurgent earnings at its core VW brand.
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DaimlerChrysler's DCXGn.DE  third-quarter operating profit rose 7 percent, just below  analyst expectations, as gains at U.S. arm Chrysler helped  offset weaker earnings at premium carmaker Mercedes.
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Volkswagen challenged its workers with a tough wage plan on Monday ahead of talks seen as a gauge of their readiness to favor job security over pay
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DaimlerChrysler AG, the world&#39;s fifth- biggest carmaker, reported a third-quarter profit as Chrysler&#39;s US sales rose. Volkswagen AG&#39;s earnings fell a seventh quarter in a row on higher sales incentives while Fiat SpA&#39;s loss widened.