UPDATE 3-VW quarterly earnings halve, sticks to year targets


(Rewrites after conference call, adds board member, detail) By Nick Tattersall BERLIN, Oct 30 (Reuters) - Volkswagen AG posted third-quarter headline results below expectations on Wednesday, raising questions about its ability to meet full-year targets despite a stable underlying profit trend. Weak demand in its key European, U.S. and South American markets, an ageing product range, pricing pressure and unfavourable exchange rates meant quarterly pre-tax profit almost halved compared ...

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