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FRANKFURT: German auto giant Volkswagen on Wednesday reported a robust rise in profits for 2023, with sales in Europe and North America advancing strongly.

Volkswagen to invest $193bn over 5 years to hit EV target

Net profit rose 13.1 percent to 17.9 billion euros ($19.6 billion) from the previous year. Sales rose more than 15 percent to 322.3 billion euros.

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