Volkswagen: The Year’s Champion

Europe’s auto giant, Volkswagen AG (VLKAY), struck a chord by proving to be the world’s most profitable automaker in 2010 based on its surging sales in China. For the year, the manufacturer of Audi, Skoda and Lamborghini brands, posted a sevenfold increase in profit to €6.84 billion ($9.42 billion), beating the major automakers such as [...]