Volkswagen Forecasts Unchanged Operating Profit as Europe Sinks

Volkswagen Forecasts Unchanged Operating Profit as Europe Sinks

Audi AG via Bloomberg

An employee works on the assembly line at the Audi AG automobile plant in Ingolstadt, Germany. Volkswagen AG is counting on growth in China and the U.S., along with gains in the luxury-car segment with the Audi brand, to offset declining demand in Europe, where competitors are posting losses amid a recession.