Volkswagen Q2 core profit falls 56 pct


FRANKFURT, July 25 (Reuters) - Europe's biggest carmaker, Volkswagen AG , said on Friday its core profits had fallen by more than a half in the second quarter, as a strong euro, new product costs and slumping demand took their toll. The company said it expected operating profit in the full year to be significantly below last year's 4.76 billion euros, hit by restructuring measures in Brazil. VW said its operating profit fell to 616 million euros ($708 million) in the three months to the ...

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