Germany's Volkswagen saw its pre-tax profits for the first half of 2007 quadruple as it delivered a record more than 3.1 million vehicles, the Wolfsburg-headquartered car giant said Friday.
According to its website, pre-tax profits for the first six months rose to 3.0 billion euros (about 4.14 billion U.S. dollars), while profits after tax almost doubled to 2.0 billion euros (about 2.76 billion dollars) from 1.2 billion a year previously.
The largest carmaker in Europe predicted that its sales for the whole year would surpass 6 million vehicles.
VW Financial Director Dieter Poetsch also predicted that the carmaker's annual pre-tax profits would hit at least 5.1 billion euros (about 7 billion dollars).
Source: Xinhua
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