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

https://mins.news/en/item/120458

- DW, 2026-10-29 09:32 UTC
- Economy
- Original: https://www.dw.com/en/germany-news-volkwagen-posts-3rd-quarter-losses-of-nearly-€6-billion-amid-competition-from-china/live-79792915?maca=en-rss-en-all-1573-rdf

> 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.

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