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Showing posts with label Corporate/Financial. Show all posts
Showing posts with label Corporate/Financial. Show all posts

VW intends to topple Toyota

10 million sales by 2018 is new goalBY ANDREAS CREMERBLOOMBERG NEWSVolkswagen, Europe's largest carmaker, said it plans to increase sales to more than 10 million vehicles by 2018 as it seeks to dethrone Japan's Toyota.VW's management board approved business targets, including profit margins, measured by earnings before interest and taxes, of at least 5% for the automotive business in the "medium

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SPYKER PROVIDES FURTHER DETAILS ON SAAB ACQUISITION

ZEEWOLDE, The Netherlands (1 February, 2010) - In advance of the General Meeting of Spyker shareholders, to be held on 12 February 2010, and which was convened on 28 January 2010, Spyker Cars N.V. ("Spyker") provides further strategic and financial details regarding its acquisition of Saab Automobile AB ("Saab").ACQUISITION RATIONALE AND SAAB BUSINESS PLANSpyker believes that through the purchase

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