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Los Angeles, CA -- (SBWIRE) -- 10/31/2013 -- Hotpennystocknews.com issues special report on - VOLKSWAGEN A G PFD S (OTCQX : VLKPF)
VOLKSWAGEN A G PFD S (OTCQX : VLKPF) with its headquarters in Wolfsburg (Germany) is one of the world's leading automobile manufacturers and the largest carmaker in Europe. In 2012, the Group increased the number of vehicles delivered to customers to 9.276 million (2011:8.265 million), corresponding to a 12.8 percent share of the world passenger car market. In Western Europe, almost one in four new cars (24.4 percent) is made by the Volkswagen Group. Group sales revenue in 2012 totaled193 billion (2011:159 billion), while profit after tax amounted to 21.9 billion (2011: 15.8 billion).
The Group comprises twelve brands from seven European countries: Volkswagen Passenger Cars, Audi, SEAT, SKODA, Bentley, Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial Vehicles, Scania and MAN. Each brand has its own character and operates as an independent entity on the market. The product spectrum ranges from motorcycles to low-consumption small cars and luxury vehicles. In the commercial vehicle sector, the products include ranges from pick-ups, buses and heavy trucks.
The Volkswagen Group is also active in other fields of business, manufacturing large-bore diesel engines for marine and stationary applications (turnkey power plants), turbochargers, turbomachinery (steam and gas turbines), compressors and chemical reactors. It also produces vehicle transmissions, special gear units for wind turbines, slide bearings and couplings as well as testing systems for the mobility sector.
In addition, the Volkswagen Group offers a wide range of financial services, including dealer and customer financing, leasing, banking and insurance activities, and fleet management. The Group operates 104* production plants in 19 European countries and a further eight countries in the Americas, Asia and Africa.The Group's goal is to offer attractive, safe and environmentally sound vehicles which can compete in an increasingly tough market and set world standards in their respective class.
VLKPF is very active today and traded between $254.6542 - 254.6542 with total traded volume of 26756 shares. At a current price of 254.6542, VLKPF is +4.1542 - +1.66% from the previous close of $250.50. The company is now valued at around $112.94 billion.
For How Long VLKAY will Attract Investors? Find out via this report.
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