UPDATE 1-VW to meet Q2 operating profit target -source

Newswire

(Adds background, share) FRANKFURT, July 27 (Reuters) - Volkswagen met its forecast for a higher operating profit target in the second quarter versus the first quarter, a company source familiar with the matter said on Wednesday. "As far as the second quarter is concerned, Chief Executive Bernd Pischetsrieder's forecast will be fulfilled," the source said, declining to be more specific. The company declined to comment ahead of quarterly results on Friday. The VW CEO said earlier this ...

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