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VW: very good start to the year

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Published: May 7th, 2021,
Last updated: October 12th, 2022

Volkswagen achieved one of the best first quarters in its history despite the lack of chips. Wolfsburg-based carmaker’s sales rose to €62.4 billion. Profits rose from half a billion to €3.4 billion. The positive start to the year was mainly due to good business in China. Compared with the same period last year, sales figures rose by 61 percent in the Group’s largest single market.

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