DGAP-Adhoc: VOLKSWAGEN AG: Volkswagen Group expects good first half of 2010

| Source: EQS Group AG EQS Group AG 

VOLKSWAGEN AG / Forecast

16.06.2010 12:18 

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Volkswagen Group expects good first half of 2010
  
Unit sales and operating profit at the Volkswagen Group have
considerably outperformed expectations in the first five months of
the current year. The positive business development was due in
particular to strong demand for Group models in key markets such as
Western Europe, China and North America. In addition, exchange rate 
effects among other factors had a positive impact on profit. This 
trend looks set to continue in June.
  
However, business development in the second half of 2010 still
entails uncertainties. Especially in light of the fierce competition 
and an overall difficult environment, 2010 will remain a challenging 
year for the automotive industry. 
  
Nevertheless, it is expected that the previous year's figures for 
unit sales (6.3 million vehicles) and operating profit 
(EUR 1.9 billion) will be significantly exceeded.
  
  
Wolfsburg, June 16, 2010
  
Volkswagen AG - The Board of Management
  
  


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Language:     English
Company:      VOLKSWAGEN AG
              Brieffach 1849
              38436 Wolfsburg
              Deutschland
Phone:        +49 (0)5361 9 - 49840
Fax:          +49 (0)5361 9 - 30411
E-mail:       christine.ritz@volkswagen.de
Internet:     www.volkswagenag.com/ir
ISIN:         DE0007664039, DE0007664005
WKN:          766403, 766400
Indices:      DAX, Euro Stoxx 50
Listed:       Regulierter Markt in Berlin, Frankfurt (Prime Standard),
              München, Hannover, Hamburg, Düsseldorf, Stuttgart;
              Terminbörse EUREX; Foreign Exchange(s) London, Luxembourg,
              SIX
 
End of News                                     DGAP News-Service
 
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