Net earnings more than double
(NEWSER) - Volkswagen reported a record annual profit today, as its net income more than doubled last year. The company sold 8 million vehicles for the first time in its 75-year history, the New York Times reports. While its full report won't be out until March 12, initial numbers released today show Volkswagen's pretax profit rising to a record $25.3 billion, with unit sales up almost 15% from 2010. And 2012 is looking good, too: January sales were up 1.3% from a year earlier. More»
