UPDATE 1-VW Q3 earnings halve, sticks to year outlook

Newswire

(Adds detail, background, share price) By Nicholas Tattersall BERLIN, Oct 30 (Reuters) - Volkswagen AG , Europe's largest carmaker, said on Wednesday its third quarter earnings had almost halved, missing market expectations, but the company stuck to its outlook for the full year. Weak demand in its key European, U.S. and South American markets combined with an ageing product range pushed pre-tax profit in the quarter down 48 percent compared with a year ago to 711 million euros ($700 ...

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