Tag Archives: boosted by Audi

VW Q1 profit jumps 22%, boosted by Audi, Porsche

VW Q1 profit jumps 22%, boosted by Audi, Porsche

Volkswagen Group’s first-quarter operating profit rose 22 percent from a year earlier, as earnings from Porsche and Audi helped to offset falling profitability at the automaker’s core VW brand.