VW boosts Q3 operating profit on record luxury auto sales

Newswire

BERLIN, Oct 30 (Reuters) - German carmaker Volkswagen posted higher third-quarter operating profit as record sales at premium brands Audi and Porsche offset costs of an engineering overhaul. Operating profit in the three months through September at Europe's largest automotive group rose to 2.78 billion euros ($3.83 billion) from 2.32 billion euros in the same period a year earlier, the Wolfsburg-based company said in a statement on Wednesday. This was in line ...

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