EconomyVolkswagen posts nearly €6 billion third-quarter loss amid Chinese competition

Volkswagen, Germany’s largest carmaker, reported a €5.8 billion loss for the third quarter, compared with a loss of just over €1.07 billion a year earlier. The company is struggling with competition from China, the shift to electric vehicles and weaker demand; it said restructuring would cost €31 billion.

Volkswagenautomotivequarterly resultsChina competition

DDW★★★☆☆2026-10-29 09:32Original