BERLIN, July 29 (Reuters) - Volkswagen posted a
4.9 percent gain in second-quarter earnings, benefiting from
improving auto demand in higher-margin western European markets
and cost cuts.
Operating profit at Europe's largest carmaker rose to 3.49
billion euros ($3.85 billion), VW said on Wednesday, in line
with the average estimate of 3.48 billion euros in a Reuters
poll of analysts.
"VW is very well positioned in an increasingly difficult
market environment," Chief Executive Martin Winterkorn said....More