VW of America CEO Expects Profit for 2011

Volkswagen has huge global ambitions, and part of their efforts are focused on the US market. Despite initial schepticism, most of their new porducts have been well received, especially the facelifted Passat, which has won award after award.
2012 Volkswagen Passat 1 photo
Photo: Volkswagen
VW of America CEO Jonathan Browning says this will translate into the bottom line, as the company will report its first profit for its sales operations since 2003. What’s more, despite industry jitters, next year’s results are said to keep their head above watter.

“This is not just a volume game. This is about the quality of the revenue and quality of sales. What you are seeing is customers connecting with VW and our momentum continuing,”
Browning said in an interview at the Los Angeles Auto Show with Automotive News.

Sales of VW of America are expected to top the 300,000 that hasn’t been broken since 2003.
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About the author: Mihnea Radu
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Mihnea's favorite cars have already been built, the so-called modern classics from the '80s and '90s. He also loves local car culture from all over the world, so don't be surprised to see him getting excited about weird Japanese imports, low-rider VWs out of Germany, replicas from Russia or LS swaps down in Florida.
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