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Volkswagen profits surge despite selling fewer cars

BERLIN (AFP) – Volkswagen (VW) said on Friday its net profits jumped last year despite selling fewer cars due to the semiconductor shortage as buyers forked out for better-equipped cars. The German automaker’s net profit rose 75 per cent to EUR15.4 billion in 2021. The 12-brand group sold 8.6 million cars last year, 600,000 fewer
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