Volkswagen AG today reported that net income jumped seven-fold to $9.42 billion in 2010 with especially strong demand in its key China market.
Martin Winterkorn, VW's chief executive, said that last fiscal year was "the best year in the history of the Volkswagen Group."
"The outlook for the current year is good, too - despite all economic uncertainties," he said in a statement.
At VW's new Chattanooga auto assembly plant, the company is slated to start making customer cars in about four weeks.