VW's Secret Profit Weapon Gains Again

Updated

Auto sales are down in Europe, but sales of Audi's A3 have been strong. The company rolled out this new sedan version to European buyers last month. Photo credit: Audi.

Last year, Volkswagen was the world's most profitable automaker, even though it was outsold by both General Motors and Toyota . How'd that happen? Simple: Volkswagen has turned its luxury-car brand, Audi, into a huge source of profits.


Audi has continued to rack up big gains this year. As Fool contributor John Rosevear explains, Audi's recent sales gains have been surprisingly strong -- and those gains could mean big profits for VW in the coming quarter.

Great stocks now to build your future
The best investing approach is to choose great companies and stick with them for the long term. The Motley Fool's free report "
3 Stocks That Will Help You Retire Rich" names stocks that could help you build long-term wealth and retire well, along with some winning wealth-building strategies that every investor should be aware of. Click here now to keep reading.

The article VW's Secret Profit Weapon Gains Again originally appeared on Fool.com.

Fool contributor John Rosevear owns shares of General Motors. You can connect with him on Twitter at @jrosevear. The Motley Fool recommends General Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Advertisement