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VW says H1 Audi operating profit drops 8 pct to 2.64 bln euros

BERLIN, July 31 (Reuters) - German carmaker Volkswagen said on Wednesday that first-half operating profit of its flagship Audi luxury division fell 8 percent to 2.64 billion euros ($3.50 billion) from 2.87 billion a year ago.

Six-month underlying earnings at VW's core passenger-car brand declined to 1.49 billion euros from 2.26 billion a year earlier, the Wolfsburg-based manufacturer said. ($1 = 0.7547 euros) (Reporting by Andreas Cremer; editing by Harro ten Wolde)