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View Articles By Topic "triple"
Wednesday, April 27, 2011
Article ChiefBy: Article Chief
Chief Editor
For Blog: 2011 Automotive News

Volkswagen AG said first-quarter profit more than tripled as the VW and Audi brands attracted Chinese customers.

Net income increased to 1.71 billion euros ($2.51 billion) from 473 million euros a year earlier, the company said today. Profit beat the 1.63 billion-euro average of seven analyst estimates compiled by Bloomberg. Revenue rose 31 percent to 37.5 billion euros.

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