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Volkswagen and Porsche shares extend losses after profit warning

Volkswagen shares extended losses Monday after a profit warning that included a €6 billion goodwill impairment at Porsche. The company also cut its 2026 profit margin outlook to 1% at most.

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88 billion) goodwill impairment at its luxury sports car division Porsche XETR:P911. Volkswagen on Friday lowered its 2026 profit margin outlook to 1% at the most.