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EconomyVolkswagen crisis worsens with profit warning over Porsche-led $11.5 billion hit

Volkswagen cut its outlook on Friday after flagging €10 billion ($11.5 billion) in one-off costs linked to its stake in luxury sports-car maker Porsche, provisions for job cuts and a weak Chinese market.

VolkswagenPorscheprofit warning

RReuters★★★☆☆2026-09-18 17:10Original

Volkswagen crisis worsens with profit warning over Porsche-led $11.5 billion hit
Volkswagen crisis worsens with profit warning over Porsche-led $11.5 billion hitEconomy