FILE PHOTO: A cartoon of a VW logo squashing the coronavirus is displayed on a building at Volkswagen's headquarters to celebrate the plant's re-opening during the spread of the coronavirus disease in Wolfsburg, Germany April 25, 2020. REUTERS/Fabian Bimmer
FRANKFURT - Volkswagen on Wednesday said it expected to be profitable on a full-year basis even as the coronavirus pandemic caused first-quarter earnings to plunge. Earlier this month, Volkswagen Group said car sales dropped by 23% on the year, causing operating profit to tumble 81% in the January to March period, forcing the car and trucks manufacturer to withdraw its outlook for 2020.
In February Volkswagen had said it aimed to achieve customer deliveries in line with the previous year, revenue growth of 4% in 2020 and slightly higher passenger car deliveries.
More than 3 million people infected by the pandemic globally | 217,000 deaths Latest updates | cases per million population👇 Corona coronavirus
aka 'we don't know what's gonna happen this year but please don't divest from us, look, we're real confident!'
looks like pacman
Miss PAC-Man special Edition Limited Goöf R ;) WV WolksVagën
How will that be even possible