FILE PHOTO: An employee fixes a VW sign at a production line of the electric Volkswagen model ID.3 in Zwickau, Germany, February 25, 2020. REUTERS/Matthias Rietschel
FRANKFURT (Reuters) - Volkswagen first-half operating profit is expected to come in at around 11 billion euros ($13 billion), it said on Friday, even surpassing pre-pandemic levels on the back of strong demand in Europe and the United States.
The good result was driven in particular by demand for premium brands Porsche and Audi as well as the group's financial services arm, Volkswagen said. The Chinese market was slightly weaker in the period, it said, without specifying.
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