Volkswagen reported a big leap in profits thanks to strong demand for luxury cars at its premium brand Audi and forecast another year of double-digit growth in China, the world’s largest car market.
The German carmaker’s dominant position in China was underlined when on Wednesday it reported an operating profit of €1.3bn ($1.79bn) from its two Chinese joint ventures in the first three quarters, compared with €500m in the same period of the year before.
The joint ventures are not consolidated, so the result came on top of the group’s operating profits – published last week – of €4.8bn between January and September.
您已阅读24%（619字），剩余76%（1921字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。