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VW gets off to a very good start to the year

Despite the lack of chips, Volkswagen achieved one of the best first quarters in its history. Wolfsburg-based carmaker’s sales rose to €62.4 billion. Profits rose from half a billion to €3.4 billion. The positive start to the year was mainly due to good business in China. Compared with the same period last year, sales figures rose by 61 percent in the Group’s largest single market.

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