Volkswagen reports 2020 operating profit of 10 billion euros
Volkswagen reports 2020 operating profit of 10 billion euros
The world’s largest carmaker had reported an adjusted operating profit of 19.3 billion euros in 2019
FILE PHOTO: Volkswagen logo is seen at the LA Auto Show in Los Angeles, California, U.S., November 20, 2019. REUTERS/Lucy Nicholson
Volkswagen on Friday said its 2020 operating profit adjusted for diesel issues came in at around 10 billion euros ($12.17 billion).
The world's largest carmaker had reported an adjusted operating profit of 19.3 billion euros in 2019.
"The deliveries to customers of the Volkswagen Group continued to recover strongly in the fourth quarter and even exceeded the deliveries of the third quarter 2020," Volkswagen said.
($1 = 0.8216 euros)
