Automakers

VW first-quarter profits rise but Ukraine war could still hurt business

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(Bloomberg)
Wr
By:
Wire reports
April 14, 2022 09:51 AM

Volkswagen Group said on Thursday its preliminary first-quarter operating return on sales jumped to 13.5 percent from 7.7 percent in the same period of 2021, but the impact of the war in Ukraine and supply chain bottlenecks was still uncertain.

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