Car-maker Volkswagen announces a record number of cars sold in 2007, sending profits up 40%.

Feb. 29 (Bloomberg) -- Volkswagen AG, Europe's largest automaker, said profit rose 50 percent in 2007 after the company cut jobs in Germany and sold more Golf and Skoda Fabia cars.

BERLIN - Volkswagen AG, Europe's biggest automaker, said Friday its profit climbed about 50 per cent in 2007 as it sold almost 6.2 million cars worldwide, a company record.

BERLIN -- Volkswagen AG, Europe's biggest automaker, said today that its profit climbed about 50 percent in 2007 as it sold a company record of almost 6.2 million cars worldwide.

Europe's largest car-maker easily beats market forecasts and predicts new milestone in earnings this year

Volkswagen AG, Europe's biggest automaker, said Friday that its profit climbed about 50 percent in 2007 as it sold a company record of almost 6.2 million cars worldwide.

German automaker says global car sales up 4% from a year earlier. BERLIN (AP) -- German automaker Volkswagen AG said Friday that its 2007 net profit rose to €4.1 billion ($6.2 billion) last year with sales of nearly 6.2 million cars worldwide.

Volkswagen AG, Europe's biggest automaker, said Friday that its profit climbed about 50 percent in 2007 as it sold a company record of almost 6.2 million cars worldwide. The Wolfsburg-based company said it expects to beat the sales total this year....

Feb. 29 (Bloomberg) -- Volkswagen AG, Europe's largest automaker, said 2007 profit rose 50 percent after the company cut jobs in Germany and sold more Golf and Skoda Fabia cars.

Volkswagen, Europe’s top-selling automobile manufacturer, couldn’t wait to report its annual earnings, reporting a 50% increase in its annual profit Friday, two weeks ahead of its scheduled report date.