Coverage dated October 28, 2026 to October 29, 2026
Volkswagen posts $6.5 billion quarterly loss as China slump, Porsche writedown weigh on bottom line
Headline from WHEC Rochester
Volkswagen has posted a $6.5 billion after-tax loss for the July-September quarter. The company faces challenges like weak demand in China, U.S. tariffs, and lower profits from electric vehicles. The results, announced Thursday, highlight the need for cost-cutting measures, which could lead to the l…
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Volkswagen reported the 5.8-billion-euro loss for the three months to end-September, deeper than the 1.1-billion-euro loss it reported for the same period last year.
Volkswagen AG swung to a loss after absorbing another round of writedowns as the carmaker struggles with a rapidly worsening operating environment, particularly in China.
Volkswagen reported a €5.82 billion third-quarter net loss as a €7.8 billion package of one-off charges, including a major Porsche goodwill write-down, compounded weak Chinese demand, intensifying competition, tariffs and pressure on electric-vehicle margins.
Volkswagen has posted a $6.5 billion after-tax loss for the July-September quarter. The company faces challenges like weak demand in China, U.S. tariffs, and lower profits from electric vehicles. The results, announced Thursday, highlight the need for cost-cutting measures, which could lead to the l…
Germany's largest car maker reported third quarter losses of €5.8 billion as its major financial struggles continue. And Chancellor Friedrich Merz concludes his tour of Asia with a visit to South Korea. DW has more.
Germany's largest car maker reported third quarter losses of €5.8 billion as its major financial struggles continue. And Chancellor Friedrich Merz concludes his tour of Asia with a visit to South Korea. DW has more.
The Volkswagen Group has filed its worst quarterly performance since the height of the "Dieselgate" scandal in 2015. Share prices climbed in response, however, perhaps because the bad news was so well signposted.
