# Volkswagen Cuts Profit Outlook After China Sales Slump and $6.9 Billion Writedown

https://mins.news/en/item/64815

- Bloomberg News, 2026-09-18 20:00 UTC
- Economy
- Original: https://www.bloomberg.com/news/articles/2026-09-18/vw-cuts-outlook-after-writedown-on-porsche-decline-in-china?link_source=ta_bluesky_link&taid=6aad9858fbc2160001c2c781

> Volkswagen lowered its profit forecast after a sharp contraction in China and a €6 billion ($6.9 billion) writedown linked to sports-car maker Porsche, adding to concerns about mounting pressure on the global auto industry.

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