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Volkswagen reported EUR 13.2 billion operating profit in 1H22, increasing 27% BEV deliveries

Despite the headwinds across the automotive industry, Volkswagen Group saw a more than 10% increase in 1H22 operating profits from last year. CFO Arno Antlitz said the environment and competition in 2H22 and 2023 are expected to become more intense, but the group is well-prepared for the challenges.