Showing posts with label Volkswagen diesel. Show all posts
Showing posts with label Volkswagen diesel. Show all posts

Saturday, February 26, 2011

Headlines: Volkswagen 2010 profit surges

Volkswagen reported a sevenfold increase in its 2010 profit to 6.84 billion euros ($9.42 billion) and forecast higher earnings in 2011.The profit far exceeded the 4.96-billion-euro ($6.83 billion) average estimate of six analysts. Revenue rose 21% to 126.8 billion euros ($175 billion).Volkswagen is counting on growth in Brazil, Russia, India and China to narrow its gap with Toyota, the world's

Volkswagen diesel models examined

Volkswagens are under reviewVolkswagen AG diesel vehicles are under review by the National Highway Traffic Safety Administration after reports of engine stalls, some at highway speeds. The problem is related to high-pressure fuel pumps failing and contaminating the fuel system with debris, the agency said. It is reviewing model years 2009 and 2010 of the Volkswagen Jetta and Golf and the Audi A3