India, March 12 -- German auto giant Volkswagen AG (VKW.L, VLKAF.PK, VOW.BE) announced Tuesday that it expects fiscal 2019 sales revenues to grow by as much as 5 percent year-on-year. Operating profit margin for the Group is expected in the range of 6.5 percent to 7.5 percent. The company expects slightly higher deliveries in 2019 amid continuously challenging market conditions.
Separately, Volkswagen announced that it is planning to launch almost 70 new electric models in the next ten years - instead of the 50 previously planned. As a result, the projected number of vehicles to be built on the company's electric platforms in the next decade will increase to 22 million from earlier projected 15 million. Volkswagen said it has signed off a ...