VW posts quarterly profit of 2.2 billion euros

27th October 2010, Comments 0 comments

Volkswagen, the biggest European automaker, posted Wednesday a third quarter net profit of 2.2 billion euros (3.0 billion dollars), 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.

© 2010 AFP

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