German automaker Volkswagen AG said it expects group profit to be higher in 1995 than the 150 million marks, or $215.6 million, it earned in 1994.

The expected earnings would continue the company's turnaround from the 1.94 billion-mark loss posted in 1993. Volkwagen credits rising production and sales as well as a successful restructuring for the foreseen improvement in 1995 profit.As widely expected in German business circles, the supervisory board also announced management board member Ulrich Seif-fert is leaving the company after a 30-year career. As of Dec. 1, Chairman Ferdinand Piech will take over Seiffert's responsibility for research and development, the company said.

Seiffert will continue to act as a consultant for Volkswagen in the areas of environment, transportation and new technology, the company said.