Volkswagen Q3 Loss Widens on Porsche Charge and Weak Volumes
Volkswagen reported a sharply wider third-quarter net loss, citing an impairment charge related to Porsche and weak revenues amid lower production and sales volumes. It maintained its recently lowered fiscal 2026 outlook.
WASHINGTON (dpa-AFX) - German automotive major Volkswagen AG reported Thursday sharply wider net loss in its third quarter on an impairment charge related to Porsche AG and weak revenues amid lower production and sales volume. Further, the firm maintained its recently lowered fiscal 2026 outlook.On…