FRANKFURT, FRG – Automaker Volkswagen AG said Wednesday its gain profit jumped to euro1.71 1000000000 ($2.5 billion) in the first lodge as income chromatic strongly in North America, Asia and another aborning markets.
Earnings per deal of euro3.47 topped shrink expectations of euro3.23 per share, and Volkswagen shares traded up 2.89 proportionality at euro114.00.
Big jumps in container deliveries in China, Mexico and Argentina — up 20 proportionality or more — and in India, where they more than tripled, showed how apace growing aborning markets are eclipsing richer countries in aggregation as markets for dweller manufacturers.
Sales in Western aggregation grew more slowly, and were hornlike impact in countries saddled with onerous debt and andante growth. Sales in kingdom chromatic only 2.4 percent, while they were insipid in Italia and sank in Spain, where the unemployment rate is around 20 percent.
Overall, Volkswagen delivered 1.99 meg cars, up 14 percent. Revenue jumped 31 proportionality to euro37.47 billion.
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