Pursuits
Volkswagen Profit Beats Expectations on Higher Audi Sales
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Volkswagen AG, the world’s second-largest carmaker, reported first-quarter profit that beat analysts’ estimates on higher earnings at the Audi luxury brand.
Operating profit rose 10 percent to 3.21 billion euros ($4.26 billion) from 2.91 billion euros a year earlier, the Wolfsburg, Germany-based company said today. The figure beat the