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Volkswagen has announced recently that it is expecting for profit and sales to rise this year especially since the Skoda Fabia and Audi A5 models are doing pretty well in the market plus the corporate overhaul that the company is employing is reducing production costs.

The company?s chief executive Martin Winterkorn announced during the company?s annual conference that it is expecting profit before interest, taxes and one-time items to be higher than the 4.4 billion euros or $5.78 billion it has obtained for the year 2006.

He also said that the sales for the first two months of the company has already record an increase of 8.3 percent to 862,000 vehicles which is a good start for this year. He further added that the company is expecting to meet its goal of increasing 2008 pretax profit to 5.1 billion compared to the 1.1 billion euros in 2004 which is the target set by Bernd Pischetsrieder Maglia Davide Santon AS Roma , who is the former chief executive. It should be noted that it was through the efforts of Piech and Winterkorn that Pistchetsrider was ousted on January 1.

Volkswagen shares increase by 3 percent to 102.96 euros

Last month, Europe?s largest automaker and producer of the popular Volkswagen struts has reported that their income has more than doubled reaching 2.75 billion euros which they attributed to the launching of their new models, the disposal of Europcar vehicle-rental unit and the tax gain. Total revenue has increased by 12 percent to 104.9 billion euros.

The company has also reported its fourth quarter results and said that its income obtained has more than tripled reaching 1.54 billion euros from 435 million euros resulting from an 11 percent sales increase to 27.8 billion euros.

The Audi team that Winterkorn has brought with him including Walter de Silva, head of design and Ulrich Hackenberg, engineering chief has spent two months just to modify the new version of Volkswagen?s Golf hatchback Maglia Cengiz Under AS Roma , which currently is VW?s best-selling vehicle. Aside from the Golf hatchback the team is also working on other models that Wolfgang Bernhard, the former Volk. Cheap Wholesale Jerseys Cheap NFL Jerseys China Cheap NFL Jerseys China Cheap NFL Jerseys Online Cheap NFL Jerseys From China Cheap Wholesale NFL Jerseys Cheap Nike NFL Jerseys Cheap NFL Football Jerseys Wholesale Jerseys Wholesale Jerseys

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