| The AIADA newsletter reported that Volkswagen's | | | | improved quality, and revamped sales and marketing |
| positive first-quarter results were exactly what | | | | strategies, to be launched in 2008. |
| Porsche Chief Executive Wendelin Wiedeking had in | | | | VW Finance Chief Hans-Dieter Pötsch said their |
| mind when he took a controlling stake in the German | | | | company certainly needs to enrich their product |
| automaker last year. Meanwhile, VW of America, Inc. | | | | portfolio in the US. He also said they need models |
| recently announced April 2007 sales of 19,086 units. | | | | which are more specifically designed and |
| This represents a decrease of 7 percent from last | | | | manufactured to North America, with a more |
| year's sales of 20,528 vehicles. | | | | competitive cost base. He was also glad to say that it |
| Business Week, on the other hand, reported that | | | | is exactly what they are doing. |
| Volkswagen's operating profit for the months of | | | | Volkswagen, a manufacturer of performance quality |
| January to March of 2007 rose 81%, making their | | | | VW tail lights, is an automobile manufacturer based in |
| profits amount to $1.48 billion. That generated a 4.1% | | | | Wolfsburg, Germany, and is Europe's largest |
| margin. | | | | automaker. It forms the core of Volkswagen Group |
| Winterkorn, an executive of VW, has this biggest job | | | | and is the world's fourth largest car producer after |
| of building a real export powerhouse. For all its huge | | | | Toyota, General Motor and Ford, respectively. |
| $143 billion in revenues, Volkswagen's success remains | | | | Volkswagen sells the Rabbit, New Beetle, New Beetle |
| largely centered on Europe. | | | | convertible, GTI, Jetta, GLI, Passat, Passat wagon, Eos, |
| Still on a positive side, in the spring season, | | | | and Touareg. |
| Volkswagen's new hard-top convertible Eos posted its | | | | The name means "people's car" in German. Its tagline |
| best month ever with April sales of 1,142 units. The Eos | | | | is translated in English as "For the love of the car" or, |
| is the world's first four-seat, hard-top convertible with | | | | "For Love of the People's Cars", as translated by VW |
| an integrated glass sunroof. | | | | in other languages, though in direct translation it reads |
| To take on Toyota, Volkswagen has to build serious | | | | "Out of love for the car." |
| market sales in the U.S., where last year it sold only | | | | On the other hand, Volkswagen of America, Inc. was |
| 397,000 cars. To bolster Volkswagen's weak U.S. | | | | founded in 1955. Its headquarters is in Auburn Hills, |
| market operations, Winterkorn is betting on new | | | | Michigan. It is a subsidiary of Volkswagen in Germany. |
| models. These include a van with lower costs, | | | | It has approximately 600 independent U.S. dealers. |