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

https://mins.news/en/item/64625

- Reuters, 2026-09-18 17:10 UTC
- Economy
- Original: https://www.reuters.com/world/china/volkswagen-porsche-holding-cut-outlook-2026-09-18/?link_source=ta_bluesky_link&taid=6aad706dfbc2160001c2c5a6

> 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.

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