GENEVA (AP) — The CEO of Volkswagen AG is staying with his cautious outlook for this year, saying it’s a “balanced statement” based on growth in the U.S., Europe and China versus trouble spots such as Russia and Brazil.
Martin Winterkorn told The Associated Press that “I think it’s quite a good assessment, as usual we at Volkswagen do not want to lose touch with reality despite all the successes.”
As it announced increased profits for last year Volkswagen last week cautioned that 2015 could be a turbulent year. It predicted increased sales but said there was no guarantee of a successful …read more
Source: KXAN
