- Expects FY08 vehicle sales and operating profit to rise y/y
- Guides FY08 capex level at around 6% level
- Expects 4% Vehicle sales growth by 2018 in Western Europe
- Expects Brazil (+52%), Russia (+62%), China (+96%) vehicle sales growth by 2018
- Says will expand model range to 88 vehicles by 2010
- Sold 6.2M vehicles in 2007
- Notes growth in global demand slowing

Other headlines for [VOW.GE]

• VOW.GE Today 04:09pm
  Volkswagen AG Bentley says global sales to decline 30% in 2008 - WSJ- Guides 2009 global sales at around 5K units
  
• 11/18/2008 10:35am
  (IT) Italian PM Berlusconi: Will not provide aid to auto sector at this time
  
• 11/18/2008 10:18am
  (GE) Germanys Merkel: Reiterates that the EU needs to help auto makers- Need to cut the 'red tape' on state aide - Says important to prevent job losses during the current crisis - Does not want the more...
  
• 11/17/2008 09:41pm
  (RU) Russia plans to increase import taxes on automobiles - FT- The government may also increase duties and cut import quotas for sensitive products.
  
• VOW.GE 11/17/2008 08:24pm
  Volkswagen AG Sees "difficult" China market in H1 of 2009, agrees to buy China Faw plant- No further details at this time
  

Industrials sector headlines

• GNS.AU Today 06:05pm
  Gunns Does not plan to renew its sovereign risk agreement
  
• PCP Today 05:49pm
  Precision Castparts Corp Announces equipement failure at its Castparts Corp's Wyman-Gordon forging plant- This morning, the 29,000-ton forging press at Precision Castparts Corp's Wyman-Gordon (Wyman) facility in Houston, more...
  
• VMI Today 05:31pm
  Valmont Industries Inc Acquires U.K. Based Stainton Metal Company, Ltd- Stainton Metal Company Ltd, is a leading U.K. manufacturer of street lighting poles, which has annual sales of around $20M.
  
• BA Today 05:27pm
  Boeing Co CEO: Sees cost cuts, layoffs of over 5% in 2009; needs to cut costs to brace for order cancellations- Cutting discretionary spending
  
• LLL Today 05:06pm
  L-3 Communications Holdings, Inc Received $75M contract from Department of Defense- Increase to its indefinite delivery, indefinite quantity contract for global media development, production and dissemination in support of U.S. more...