VW posts quarterly profit of 2.2 billion euros

Despite the strong gain, VW did not raise its full-year outlook, though the targets are considered prudent by many analysts.

FRANKFURT: Volkswagen, the biggest European automaker, on Wednesday posted a third quarter net profit of 2.2 billion euros ($3.0 billion), more than 10 times the figure recorded a year earlier.

Despite the strong gain, VW did not raise its full-year outlook, though the targets are considered prudent by many analysts.
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