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Volkswagen achieves record first-quarter results

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People with approved Volkswagen cars should be interested to learn that the manufacturer has started the 2011 fiscal year with record first-quarter results, after lifting operating profits to €2.9 billion (£2.6 billion).

Volkswagen sold two million vehicles in a single quarter for the first time, with all brands and business fields recording improvements, including an 18.1 per cent increase in Audi sales.

Professor Martin Winterkorn, chairman of Volkswagen's board of management, said Volkswagen is "continuing to power ahead" thanks to its expertise in technology and design.

"In 2011, the Volkswagen Group's nine brands will once again introduce a large number of fascinating new models to the market, thus further expanding our strong position in the global markets," he added.

The group also enjoyed a successful outing at the Commercial Vehicle Show at Birmingham's NEC earlier this month, with higher levels of sales enquiries and test drive requests than its last attendance in 2008.ADNFCR-2576-ID-800515197-ADNFCR

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