Volkswagen (VLKAY.PK) records a Y/Y increase in profits in Q4 to €2.29B ($3.05B), missing the...

|About: Volkswagen AG ADR (VLKAY)|By:, SA News Editor

Volkswagen (VLKAY.PK) records a Y/Y increase in profits in Q4 to €2.29B ($3.05B), missing the consensus mark of analysts for €2.38B ($3.17B). Production at VW was 100K more than deliveries during the quarter, creating a large inventory of unsold vehicles at year end. Shares -0.3% in Frankfurt trading.