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Friday, 28 October 2011

VW quarterly profit surges on Audi A6, Tiguan demand

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Volkswagen AG said third-quarter operating profit surged 46 percent on demand for Audi's revamped A6 sedan and the VW brand's Tiguan SUV.

Operating profit advanced to 2.89 billion euros ($4.05 billion) from 1.99 billion euros a year earlier, the company said today on its Web site. Revenue gained 25 percent to 38.5 billion euros.Vcommindia News

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