Frankfurt - Shares in German carmaker Volkswagen jumped by more than 4 per cent on Wednesday after it reported a better-than-forecast third-quarter profit.
Earnings before interest and taxes climbed by 20 per cent to 2.78 billion euros (3.82 billion dollars) in the three months to end of September compared with the same period in 2012, Europe's biggest carmaker said.
This beat analysts' forecasts of an increase in third-quarter earnings to 2.72 billion euros.
VW shares rose by 4.29 per cent to 182.45 euros in Frankfurt following the release of the results. - Sapa-dpa