The "high concept" pitch for Gravity's Volkswagen might be "Money meets Crash", though Geoff Nicolson is a rare writer wry enough to send up even satirists like Martin Amis and JG Ballard. The novel's narrator is Ian Blackstone, a mild and mildly disappointed English novelist who once wrote a book called Volkswagens and Velociraptors, in which a post-apocalypse VW cult turns fascist while ...

German automaker Volkswagen AG said Thursday that its second-quarter net profit plummeted 83 percent on lower sales of its cars — from Audis to Skodas — as consumers around the world put off big purchases during the recession.

FRANKFURT: Germany’s Volkswagen (VW), the biggest European carmaker, said yesterday it was still making a profit despite the global economic crisis but was cautious about future prospects.

July 30 (Bloomberg) -- German stocks rose to the highest since October after Volkswagen AG reported earnings that beat analysts’ projections and European confidence in the economic outlook increased more than economists forecast in July.

FRANKFURT: Germany's Volkswagen (VW), the biggest European carmaker, said yesterday it was still making a profit despite the global economic crisis but was cautious about future prospects. VW posted a second-quarter net profit of ¤283 million (¤1 = RM4.98), a huge drop of 83 per cent from the same period a year earlier.

July 30 (Bloomberg) -- Volkswagen AG , Europe’s largest carmaker, reported a smaller-than-anticipated decline in profit and said growth in emerging markets will help the Audi manufacturer outperform the industry in the second half.

FRANKFURT -- Volkswagen AG said Thursday that second-quarter net profit slumped 83% due to a severe market downturn, but scrapping incentives in several countries along with a broad geographic exposure enabled it to remain in the black at a time when most rivals are bleeding red ink.

Volkswagen AG says its second-quarter net profit plummeted 83 percent as sales of its cars - from Audis to Skodas - slid lower as consumers put off new car purchases worldwide during the recession.

July 30 (Bloomberg) -- European stocks rose for a second day, pushing the Dow Jones Stoxx 600 Index to an eight-month high, as companies from BT Group Plc to Alcatel-Lucent SA and Volkswagen AG reported results that beat analysts’ estimates.

July 30 (Bloomberg) -- German stocks rose for a second day after Volkswagen AG reported earnings that beat analysts’ projections and European confidence in the economic outlook increased more than economists forecast in July.