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Volkswagen Accelerates: Q1 Profit Jumps 40% as EV Strategy Powers Ahead
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News Editor / 4 months
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- 1 min read
Volkswagen Group stunned markets with a 40% surge in Q1 operating profit to €7.6 billion, crushing analyst estimates of €6.2 billion, as its aggressive electrification strategy finally bears fruit. The German automaker now leads Europe’s EV transition with 21% market share. Key Highlights: EV Breakthrough: Battery-electric vehicle sales up 78% to 310,000 units Margin Expansion: Automotive gross […]
