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Tag

volkswagen

2 articles

Research & Analysis5d ago

Volkswagen's 2026 Margin Collapses to 1% as China Market Shrinks 20%

Volkswagen cut its operating margin forecast to 1 percent from 4 percent, citing €10 billion in charges including a €6 billion Porsche writedown and steep declines in its largest market outside Europe.

World20d ago

Volkswagen Board Approves Restructuring Plan, Eyes 50,000 Job Cuts

The supervisory board approved a transformation plan that could cut an additional 50,000 jobs, marking the automaker's most extensive restructuring in 89 years.