Weekly Recap: 2026 operating ROS cut and China deliveries down 26%
Volkswagen AG Pref (XETR:VOW) faces a costly reset—cutting 2026 ROS, €10bn of specials (notably a €6bn Porsche write—down), weaker China sales and recalls, a delayed EV battery plant, JV talks in India and stake shifts with Xpeng as it overhauls operations amid major layoffs and index exit.Previous…