VW Expects 'significant' Revenue Increase In 2021
Frankfurt am Main, (UrduPoint / Pakistan Point News - 26th Feb, 2021 ) :German auto giant Volkswagen on Friday said it expected to see a "significant" sales increase this year as the industry bounces back from the coronavirus shock.
The 12-brand group also announced a net profit of 8.
8 billion Euros for 2020, a 37-percent plunge on the year before.
VW said it had been badly hit by global lockdowns in the early days of the pandemic, but the damage was mitigated thanks to a swift rebound in the key Chinese market.
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