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    Volkswagen targets revenue rise in 2012

    Mon, 03/12/2012 - 10:20 EDT - Yahoo! Business News
    • YahooBizNews

    Volkswagen CEO Martin Winterkorn smiles during the company's annual press conference in Wolfsburg, Germany, Monday, March 12, 2012. Volkswagen said Monday that it earned 2.16 billion euro (US dollar 2.8 billion) in the October-December period, compared with euro 3.2 billion reported in the final quarter of 2010, which was a more than tenfold increase over the previous year's figure. (AP Photo/Michael Sohn)Volkswagen AG said Monday it was targeting a further increase in deliveries and revenues in 2012 despite difficult trading conditions in Europe as the region's biggest carmaker by sales revealed that its board's overall pay would be almost doubled to euro70.59 million ($93 million).

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