About: http://data.cimple.eu/news-article/b7977146d45c053a96dee894e187207f101b13034f2f543013d0f8a6

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About: http://data.cimple.eu/news-article/b7977146d45c053a96dee894e187207f101b13034f2f543013d0f8a6 Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	German car giant Volkswagen on Thursday tweaked its guidance on how many cars it sold in 2019, saying unit sales should now come out "slightly above" 2018's level. Deliveries to customers would be "slightly above prior year", when VW shipped 10.8 million vehicles, according to a slide from a presentation chief executive Herbert Diess made to investors in New York. Shares in VW gained on the news, adding 2.1 percent to reach 180.62 euros ($200.66) around 2:15 pm in Frankfurt (1315 GMT). The vast 12-brand group had in October trimmed the unit sales outlook for 2019 to match 2018's level, warning that "vehicle markets will contract faster than previously anticipated in many regions". VW offered no explanation Thursday for why its expectations had brightened again, and left guidance on the financial outlook untouched. Last year, a global growth slowdown triggered by trade wars and Brexit uncertainty hit the car industry particularly hard, while VW's Asian sales were dragged down by the stuttering Chinese market. Presenting the group's third-quarter results in October, finance chief Frank Witter said worldwide demand had fallen around five percent, adding that "the best of the party is over" for the auto industry. VW is set to present its full annual results for 2019 on March 17. tgb/hmn/cdw
schema:headline	VW more confident for 2019 unit sales
schema:mentions	Stuttering Untouched (song) Wind power by country Frankfurt Chinese language Asia Brexit New York City Herbert Diess Volkswagen Group CDW Microsoft Outlook Greenwich Mean Time
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-01-09 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	positive sentiment
http://data.cimple...readability_score	65 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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