Crisis-wracked Volkswagen warns of €10bil hit to profits

2026-09-19 FMT 1

Core Tip: Europe's biggest carmaker, in the process of the global auto industry's largest job-cutting drive, says it expects a profit margin of just 1% for 2026

Europe's biggest carmaker, in the process of the global auto industry's largest job-cutting drive, says it expects a profit margin of just 1% for 2026.

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Crisis-wracked Volkswagen warns of €10bil hit to profits

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