VW said operating profits dived 9.5% in the 2nd quarter while sales for 2026 would slip 3%, reversing an earlier positive prediction. Will this weaken union negotiators?

VW said operating profits dived 9.5% in the 2nd quarter while sales for 2026 would slip 3%, reversing an earlier positive prediction. Will this weaken union negotiators?

Der Gewinn des Volkswagen-Konzerns ist im zweiten Quartal erneut eingebrochen. Auf dem wichtigsten Markt, China, gingen die Verkäufe um mehr als ein Drittel zurück.

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. …