Skip to content

VW bolstered by premium brands, weakened by emerging markets

VW's CFO summed up Q1 as "reasonably okay, definitely not fantastic."

Volkswagen's premium brands continue to bolster Group results and take up the slack left by weakness at SEAT and the core Volkswagen brand. Amidst a market environment it describes as "difficult", the Group ended the first quarter with a 2.7% rise in sales revenue to €47.8bn (US$66.2bn) and a notable 21.8% rise in operating profit to €2.9bn thanks to strength at the premium brands.

Subscribe to Automotive World to continue reading

Sign up now and gain unlimited access to our news, analysis, data, and research

Subscribe

Already a member?

https://www.automotiveworld.com/articles/vw-bolstered-premium-brands-weakened-emerging-markets/

Welcome back , to continue browsing the site, please click here