Volkswagen reports 2020 operating profit of 10 billion euros By Reuters

© Reuters. FILE PHOTO: VW shows electric SUV “ID 4” during a photo workshop

BERLIN (Reuters) – Volkswagen (DE:) 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)

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