Sales at Volkswagen AG motored ahead in the second quarter thanks in part to strong demand from China, pushing the automaker's earnings sharply higher to euro1.25 billion ($1.6 billion), the company said Thursday.
The company, based in Wolfsburg, Germany, had earnings of euro283 million in last year's April-June period.
Revenue was up 21.9 percent, rising to euro33.16 billion from euro27.2 billion.
Volkswagen sold 12.6 percent more cars, rising to 1.86 million from 1.66 million.
Volkswagen cautioned that "the dynamic growth in ... revenue and …
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