Volkswagen, Europe\'s biggest carmaker, said on Wednesday its profits raced ahead by 60 percent in the third quarter on strong demand for its models worldwide. VW said in its interim report that net profit amounted to 11.289 billion euros ($14.595 billion) in the period from July to September, an increase of 60.4 percent over the year earlier figure, as sales powered ahead by 26.8 percent to 48.848 billion euros.