Volkswagen lifts margin target on demand for premium cars
By Martin in Business
Updated 3 years ago
Volkswagen (VOWG_p.DE), Europe's largest car maker, raised its operating margin target for 2021 on Thursday, pointing to stronger demand for more profitable cars in the first three months of the year. The group now expects its operating profit margin to be 5.5-7% this year, versus a previous forecast for 5.0-6.5%,...