Volkswagen announced decline in profits to higher rates in the third quarter of the year, where the company has made profits process 2.3 billion euros ($ 3 billion), which Tangier lower by 23% from last year.
According to Bloomberg statistics, which is the highest rate since 2009, which saw a lower rate of 80% in the same period, as well as the company Daimler, which profit is expected to fall 13% to 1.83 billion euros in the same period.
In view of the German cars affected the situation of economic recession in Europe, and the BMW, which saw a decline in profits in the second quarter of the year it is expected to achieve profit 1.76 billion euros in the same period.
And autonews site said that German cars Volkswagen and Daimler and BMW are seeking to convert their production from Europe to China and other markets instead of Italy, Spain and Portugal, as well as Daalmr program to reduce production costs by about billion euros.
Although it is difficult to determine what is the most beautiful car or find they agree on one car, the car "Cisatalia 202 GT" was the first car to offer along with the work of "Picasso" at New York's Museum of Contemporary Art, although it is far from beauty .
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