
Volkswagen ‘confident’ despite global headwinds
VW says its net profit rose by 26 percent to 10.6 billion euros ($10.8 billion) in the first half of the year. Revenues were nearly stable at 132.3 billion euros, but unit sales were down by 14 percent from a year ago. Last week, Volkswagen unexpectedly announced the departure of CEO Ferdinand E. Diess after four years at the helm.







