Volkswagen doubles their profits from last year ($9.1 billion) with $20.5 billion in revenue in 2011Well Volkswagen sure looks in position to meet their goal of world domination. VW exceeded all predictions by industry analysts considerable with a total of $20.5 billion in revenue for 2011. This more than doubles up on their impressive $9.1 billion in 2010. So where did this extra revenue come from? Well, sales went up 15% but the Porsche merger is also factored into these earnings. We will see what happens as the merger gets finalized in 2012, especially with the pending lawsuits against Porsche.
This article was originally published in forum thread: Volkswagen doubles their profits from last year ($9.1 billion) with $20.5 billion in revenue in 2011 started by Sticky View original post