According to recently released financial results from the Volkswagen Group subsidiary, sales revenue fell 5.9 percent from a year earlier to 25.28 billion euros, or $28.19 billion, in the first nine months. Global vehicle deliveries fell 16 percent to 178,532. Operating profit, however, rose to 1.74 billion euros, or $1.94 billion, with a margin of 6.9 percent. A year earlier, profit was just 40 million euros, with a margin of 0.2 percent.
Join this channel to get access to perks:
All rights reserved.
Source: China Observer
