Volkswagen Group on Thursday said its first half operating profit rose 10.3per cent to 9 billion euros (US$10.02 billion), buoyed by sales of ...
FRANKFURT: Volkswagen Group on Thursday said its first half operating profit rose 10.3per cent to 9 billion euros , buoyed by sales of higher-margin sports utility vehicles and a jump in demand for Porsche vehicles.
Higher demand for VW, Porsche and Skoda cars helped to offset a drop in Audi sales, the carmaker said.Volkswagen confirmed its outlook for the year and said its operating return on sales rose to 7.2per cent, up from 6.8per cent in the year-earlier period.
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