<- Googleon: index -> The Volkswagen share is turned into negative territory on Thursday after a report of Manager magazine about alleged problems return of the car manufacturer. The preferred securities eluded the positive trend in the Dax and the evening belonged to the small group of losers days. The online magazine had previously reported that VW threatens to miss up to five billion euros, the medium-term internal intermediate targets for operating profit in 2015. Thus, the intended devices for the 2018 return on sales of 8 percent in danger. VW denied: the “baseless speculation”. All statements regarding future targets would “fully” inventory
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Volkswagen has actually yield problems as Manager Magazin reported? 
The Manager Magazine writes, citing statements during a meeting of top managers of 13 September in Wolfsburg, that it relates to the internal milestones for 2015. For this purpose, Volkswagen has never officially explained. Recently, the IAA had Europe’s largest carmaker announced details of the target returns its most important car brands – but for 2018, not 2015. Until 2018, the Group Toyota and General Motors wants to replace the world’s best.
Volkswagen CEO Martin Winterkorn had recently pointed out with reference to the sales slump in major European market to the need of savings. Orders to external service providers should in future be awarded only in greatly reduced size and instead worked with our own forces. Its chief financial officer Hans Dieter Pötsch had also announced some 14 days ago with regard to the problems of the home market, trying to keep costs down and move investments. “We are tightening their belts on the cost side close,” said the chief financial planner of the group. It is the second time within a few weeks that VW denied a media report with a separate press release. Trigger number one was a report in Handelsblatt
, which reportedly pending a quick change at the tips of the Supervisory Board.
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