VW earnings beat pre-pandemic levels thanks to Porsche and Audi

FRANKFURT, Germany — Germany’s auto industry showed more strong results Thursday as Volkswagen’s earnings and profit margins beat pre-pandemic levels and the company raised its profit outlook for the year despite an ongoing shortage of key electronic parts that is plaguing the industry as a whole. Volkswagen raised its profit outlook for the full year […] July 29, 2021 at 06:04PM