VW posts nine-month operating profit of 4.8 bln euros

22nd October 2010, Comments 0 comments

Volkswagen, the biggest European carmaker, reported Friday an operating profit of 4.8 billion euros (6.7 billion dollars) for the first nine months of 2010, up from 1.5 billion in the same period of 2009.

Sales rose to 92.5 billion euros, a gain of 19.9 percent, a statement said before adding that the group did not expect growth to be as strong in the fourth quarter of the year.

© 2010 AFP

0 Comments To This Article