March 9, 2007

Volkswagen, Worried About Profits Gained

Filed under: Volkswagen News
VW vehicles

The net is almost filled with news about the Geneva Auto Show. Not like the other auto brands which are so much busy preparing for the most awaited auto show, Volkswagen got nothing much to reveal but the new Phaeton which is, at present, the car that flopped in US but made big waves on the European car market.

Another Volkswagen car, the new Golf Variant, which is known and is more famous being the Jetta Wagon, will also come out as part of the show. VW will also reveal the new 1.9L diesel engine on its Passat. All these cars are filled with Volkswagen parts so quality is never questionable. We can say that VW is still kicking no matter what.

But VW is worried about their sales this February. Although the year 2006 was a success for the German auto brand and they were able to gain an enormous profit of $5.7 billion and was able to double its stock price within 18 month, they are worried about its slow production in the pipeline.

The new VW boss Martin Winterkorn ordered many models on the drawing board after Bernd Pischetsrieder, VW’s Chief Executive Officer, and Wolfgang Bernhard, VW’s Chief, left the group. The Citigroup have been speculating that there will be a slow growth in production of VW car models this year taking the drying product pipeline and launch delays. One more reason of VW is that the cash-flow in the near future will be the high-spending done by Chairman Ferdinand Piech.

As early as possible, Volkswagen must find ways to resolve its future problems. Meanwhile, Honda AEM cam gears are found on the net. If you need one, all you need to do is go and visit your trusted online sites.

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