China, U.S. to Boost VW 2010 Profit Forecast
By wchung | 03 Apr, 2026
Automaker Volkswagen AG has raised its sales and operating profit forecast for 2010 after its performance in the first five months exceeded expectations.
The company said Wednesday that it now expects the 2009 figures “will be significantly exceeded” but didn’t offer more specific guidance. It had previously forecast only that the 2010 figures would be above last year’s.
Volkswagen said it has been helped by strong demand in key markets such as western Europe, China and North America.
It also said exchange rate effects “had a positive impact on profit.” The euro has weakened this year.
Volkswagen cautioned that the outlook for the second half “still entails uncertainties” — pointing to fierce competition and a difficult overall environment.
BERLIN
Articles
- How to Lose the World's Hearts and Minds
- Samsung Electronics to Report Spectacular Profit Surge to New Record
- Trump Vows More Strikes on Civilian Infrastructure After F-35 Shot Down
- Japanese- Owned LNG Tanker Crosses Strait of Hormuz
- Iran Leaders Join Tehran Crowds to Show Control, Defy US Threats
- Edmunds Raves about EV from Volvo Parent Geely
- March Jobs Report Comes in Stronger than Expected
- Indian Brides Prep for Wedding with Mounjaro Weight-Loss Injections
- Tomahawk Missile Delivery to Japan Diverted by Iran Demand
- OpenAI Buys Tech Talk Show TBPN in Surprise Move