Volkswagen: 2010 Vehicle Production To Exceed Deliveries
11 Mars 2010 - 2:04PM
Dow Jones News
Volkswagen AG (VOW.XE) Chief Financial Officer Hans Dieter
Poetsch said Thursday the German automaker's vehicle production is
set to exceed deliveries to customers in 2010.
Poetsch told analysts at the company's headquarters that
inventory levels were "not ideal" and that a re-stocking is
required.
Volkswagen was one of the biggest beneficiaries of scrapping
incentive schemes last year, which revived demand especially for
small cars.
Company Web site: www.volkswagen.com
-By Christoph Rauwald, Dow Jones Newswires; +49 69 29725 500;
djnews.frankfurt@dowjones.com
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