BERLIN—Volkswagen said it expected to hit the high end of its profit target range for 2022 as supply chain bottlenecks ease and said it was still aiming to list the Porsche brand this year despite its CEO double jobbing as boss of both companies.
Volkswagen shares rose 2.4 percent on Thursday following the second quarter results, as the German carmaker said it was confident output would increase in the second half.
The company, which saw deliveries drop a fifth in the first half, expected them to rise overall toward the lower end of its forecasted range of 5 percent to 10 percent this year….