Showing posts with label Volkswagen AG. Show all posts
Showing posts with label Volkswagen AG. Show all posts

Friday, 27 July 2007

German Stocks Decline, Led by Deutsche Bank, Allianz; Volkswagen Rises

(Bloomberg) -- Germany's benchmark DAX Index
dropped for a fourth day, paced by Deutsche Bank AG,
Commerzbank AG and Allianz SE, on mounting concern financing
difficulties may cloud the outlook for mergers and takeovers.

Volkswagen AG advanced after the carmaker's first-half
profit beat analysts' expectations. Siemens AG also climbed.


Read more at Bloomberg Stocks News

Sunday, 17 June 2007

Fiat May Find Ferrari-Sized Performance for Shareholders With `500' Sales

(Bloomberg) -- Fiat SpA's Chief Executive Officer
Sergio Marchionne cut costs and overhauled management since
becoming CEO in 2004, ending losses of more than $2 billion a
year and tripling the carmaker's share value.

His next challenge is to catch up with rival European
automakers Volkswagen AG and Renault SA. He's banking on bringing
back a 1950s-era Italian ``people's car'' -- revamped by the man
responsible for Ferrari's F430 -- to help drive earnings and
shares even higher.


Read more at Bloomberg Exclusive News