• July 30, 2010

The Volkswagen Group reports that it "significantly increased" its profitability in the first half of 2010 and continued its growth path in all key international automotive markets.

The Wolfsburg, Germany automaker said a 16% increase in deliveries has lifted global market share to 11.7%.

The company reports strong sales revenue and earnings in China, Western Europe, and North and South America.

The Volkswagen Passenger Cars brand sold 1.9 million vehicles in the reporting period and Audi sold 660,000 vehicles up 16.4%.