Volkswagen's operating profits jumped by 10.3 percent to 9 billion euros (10 billion dollars) in the first half of 2019 compared to the same period last year, the German carmaker says.
Strong sales of its Skoda and Porsche brands helped boost profits, though revenues from Audi declined, it said, adding that it had increased its share of the global passenger car market despite an overall decline in the worldwide market.
Sales revenues for the Volkswagen Group in 2019 were expected to be up to 5 percent higher than last year, it said, despite what it described as "challenging" market conditions including an uncertain economic environment, growing competition and volatile exchange rates.
Notice: No person, organization and/or company shall disseminate or broadcast the above article on Xinhua Silk Road website without prior permission by Xinhua Silk Road.
A single purchase
