EconomyVolkswagen posts €5.86 billion Q3 operating loss after Porsche writedown
Volkswagen Group reported a €5.86 billion operating loss for July to September, largely due to one-off costs, including a major writedown of its stake in struggling sister company Porsche. The result was its worst quarterly performance since the height of the 2015 Dieselgate scandal, yet Volkswagen shares rose after the news. The company is restructuring as it faces tougher competition and weaker demand in China, high costs and tariff uncertainty.
DDW★★★☆☆2026-10-29 12:54Original
Volkswagen posts €5.86 billion Q3 operating loss after Porsche writedown
Economy