Brand Improvement

"Volkswagen Brand swung to an operating profit in the first quarter and the premium Audi brand rose 16 percent as the company broke out unit results for the first time, Volkswagen AG said Wednesday last. The increase was an important step for the designer and carved the handprint of the new CEO Martin Winterkorn as a catalyst in transforming the company's survival.

The Plymouth cold air intake for a wind could blow the largest carmaker in Europe. "Acceptance cheap these attractive models and sustained benefits of our cost and process optimization programs are reflected in the figures for individual brands," said Volkswagen Chief Financial Officer Dieter Poetsch. "All the brands group have improved their operating profit. "

The German carmaker said a‚¬ 386,000,000, or 525.2 million dollars of operating profit in the first quarter of the year compared to a loss of 49 million euros in 2006. The increase is made to increase the demand for new models. In addition, old favorites gradually increased throughout Europe, South America and Asia. The CrossGolf, CrossTouran, the Polo and other units.

Audi AG reported an operating profit increase of 16 percent to 401 million euros or 545.6 million dollars from 345 million euros. The increase was driven partly by demand for the new A5 series and the launch of the new TT Roadster.

Skoda, the Czech unit of Volkswagen, saw its operating profit rise 20 percent to 172 million euros or 234.01 million dollars 143 million euros in 2006, as Fabia model attract new buyers into showrooms and let them push their button to purchase.

The siege, the Spanish brand of the company, had an operating loss of 11 million euros or 14.97 million dollars, but that was thinner than a‚¬ 32,000,000 loss posted in the previous year.

VW has received a‚¬ 740,000,000 or 1 billion dollars in the first quarter, compared to 327 million euros a year earlier. Sales rose 5.1 percent to 26.6 billion euros, or 36.19 billion dollars against 25.3 billion euros. The information was disclosed by the manufacturer based in Wolfsburg. VW has confirmed that its vehicle sales worldwide rose 7.9 percent in the first quarter to 1.47 million units.

A good slice of profit in China and Eastern Europe and a slight increase in the U.S. helped offset slumping sales in the domestic market of the automaker after the country has increased its tax rate on value added in January. For the future, Poetsch said the company expects to "increase customer deliveries worldwide in 2007 and slightly exceed 2006 sales tally of 104.9 billion euros, or 142.72 billion dollars.