- BERLIN: Volkswagen AG says its 2010 net profit rose to €6.84 billion ($9.4 billion) from €960 million a year earlier as revenue climbed by more than 20 percent.
Europe’s largest automobile maker said the combined revenue for the group — which also includes brands such as Audi, Skoda or Seat — was up to €126.9 billion in 2010 from €105.2 billion the previous year, leading to an operating profit of €7.1 billion.
CEO Martin Winterkorn says the company in 2010 left the economic crisis fully behind and enjoyed “the best year in the history of the Volkswagen Group.” Volkswagen says in its statement that it expects revenue and operating profit in 2011 to top its 2010 results.
The company did not publish fourth-quarter figures — those are due in its full earnings report on March 10.

