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VW sells more, earns less; Porsche does better
Volkswagen sells more cars and earns more in Q3, but leaving Russia and stopping a joint venture with Ford costed a lot of money /Volkswagen
In the third quarter of 2022, VW Group sold 2,2 million cars, 24% more than the year before. Turnover rose comparatively to € 70,7 billion. Net profit, on the contrary, shrunk by 26% to € 2,1 billion. Former VW-daughter Porsche did better: it sold 2% more cars and increased profit by more than 40%. The
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