Volkswagen Financial Services (VWFS) generated a pre-tax operating profit of 696m (£599m) for the first six months of the year, an increase of 5% from the same period last year.
Total revenue for VWFS increased to 11.2bn up to 30 June 2013, an increase of 21.8% from the first six months of 2012.
Go deeper with GlobalData
Operating profit for the Volkswagen Group was down 11.6% year-on-year to 5.8bn while deliveries by the group increased by 5.4% to 4.8 million vehicles, despite a decrease of 3.6% in new deliveries to the European market.
Sales revenue for the Group was up by 3.5% to 98.7bn.
