The group reported roughly $11.5 billion of impairment charges linked to its stake in Porsche, fierce Chinese competition and its restructuring efforts.
Key takeawaysVolkswagen cut its 2026 operating-margin forecast to no more than 1 per cent, down from a previous range of 4 to 5. 5 per cent.
The German automaker now expects an operating margin of up to 1% this year, down from a prior target of 4% to 5.5% ...
By Christina Amann and Christoph Steitz BERLIN/FRANKFURT, Sept 18 (Reuters) - Volkswagen on Friday flagged €10 billion ($11.5 ...
A total of 208,724 Volkswagen and Audi vehicles are being recalled over an issue that can cause the driver to lose steering control. A bolt that attaches the steering rack to the subframe may corrode ...
Volkswagen ( VWAGY) slashed its profit guidance for 2026 as the German automaker reamins plagued by sluggish Chinese sales, headwinds from its underperforming brands, and a goodwill impairment charge ...
Volkswagen is recalling nearly 50,000 examples of model-year 2025 Tiguan SUVs over an issue involving the body control module ...
Volkswagen on Friday slashed its outlook, flagging €10 billion ($11.5 billion) in one-off items related to its stake in luxury sportscar maker Porsche, provisions for job cuts and a weak Chinese ...
Volkswagen is recalling more than 208,700 examples of its Tiguan and Atlas SUVs, as well as a population of Q3s from its ...
Volkswagen is recalling 208,724 vehicles in the US due to a faulty steering rack bolt that could break and cause a loss of ...
Volkswagen Cabrio MK3 For SaleThis 1995 VW Cabrio MK3 pairs the 2.0-liter four with a 5-speed manual and shows 121,458 miles.The seller reports being the third owner over 12 years, using it as a ...
Volkswagen on Friday flagged €10 billion (US$11.5 billion) in one-offs, mostly at struggling sports car brand Porsche, deepening a crisisat the world’s second-largest automaker that has already ...