"Volkswagen profits soar in third quarter despite industry malaise"

From CityAM:

Volkswagen has powered ahead of the gloom engulfing the global car industry, with rising summer profits driven by sport utility vehicle (SUV) sales.

Despite this, the German giant warned that the global car market would “contract faster than previously anticipated in many regions of the world”.

Volkswagen reported a more than 43 per cent year-on-year rise in pre-tax profit for the third quarter to €5bn (£Xbn), bringing the total cars it has delivered in the first nine months of the year to 8m....MORE

I guess the ad campaign paid off.