Automakers

VW Group profit bucks trend as SUV push pays off

VW sign with brand logos
(Krisztian Bocsi/Bloomberg)
R
By:
Reuters
July 25, 2019 06:10 AM

FRANKFURT -- Volkswagen Group's second-quarter operating profit rose 30 percent despite a drop in vehicle sales, helped by VW brand's higher-margin SUVs and rising volumes at Porsche and Skoda.

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