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Volkswagen has 'good chances' to build on strong performance: CEO

Volkswagen has 'good chances' to build on strong performance: CEO

Tuesday, March 14, 2017, 7:48 PM

Volkswagen has "good chances" of building on its strong 2016 performance, when it swung to a record underlying profit despite its diesel emissions crisis, CEO Matthias Mueller said. Volkswagen expects group revenue to exceed last year's record 217 billion euros by as much as 4% this year and is forecasting an underlying operating margin of between 6 and 7%, compared with 6.7% in 2016.
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