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Volkswagen profits drop 10% as embattled automaker considers massive job cuts | CNN Business
Volkswagen took a sizeable knock to its profits during the second quarter as it considers cutting tens of thousands of jobs – part of its attempt to better compete against its Chinese rivals.
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cnbc.com
Volkswagen CFO addresses plant closures, job losses as profits sink
German auto giant Volkswagen on Friday reported weaker-than-expected second-quarter profit and revised down its sales forecast for 2026.
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economictimes.indiatimes.com
Volkswagen scraps revenue growth forecast as tariffs, China weigh
Volkswagen now expects sales revenue to decline by up to three percent this year. The company announced a radical overhaul to counter costly tariffs and competition. …
