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Automakers

VW Group boosts revenue as U.S., Europe offset China slide

VW ID7 Shanghai show 2023
VW hopes new EVs such as the ID7 will bost its China business. The ID7 debuted at the Shanghai auto show. (REUTERS)
Wr
By:
Wire reports
May 04, 2023 07:49 AM

Volkswagen Group reported increased first-quarter revenue after strong demand in the U.S. and Europe helped to offset a slide in sales in China.

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