VW Shifts Past People’s Car With Porsche Buy to Top Toyota

VW Shifts Past People’s Car With Porsche Buy to Top Toyota

Andrew Harrer/Bloomberg

Including high-margin models like the 911 and Cayenne sport-utility vehicle, Volkswagen’s portfolio of luxury marques would have generated operating profit equivalent to 12.9 percent of sales in the first half, more than triple the 4.2 percent margin of the group’s mass-market VW, Skoda and Seat brands.