After pre-releasing some Q1 figures last month, headlined by an €8.5bn group EBIT, the full release brought more clarity on the drivers of this strong performance. Once again, the positive operating momentum in VW’s premium and luxury brands supported the upbeat profitability despite supply chain-constrained production volumes. While the outlook remains under threat, given the volatile geopolitical context in Europe and the resurgence of Covid-19 in China, the Q1 resilience has VW cautiously con ....
