Volkswagen reports 2.074 billion euro net loss for first nine months of 2026
Briefing by News4U · First published
ITHome reports Volkswagen posted a 2.074 billion euro net loss for January-September 2026 after major impairments, reversing a prior profit.
ITHome reports Volkswagen posted a 2.074 billion euro net loss for January-September 2026, reversing a prior profit, after recording 6.4 billion euro Porsche goodwill impairment, 1 billion euro China asset write-down and 500 million euro US ID.4 costs. [1]
Revenue fell 2.22 percent to 233.378 billion euro; operating profit was 71 million euro. The company lowered its 2026 full-year sales target to about 315 billion euro and operating margin to at most 1 percent. [1]
Sources
- 大众集团 2026 财年前三季度归母亏损 20.74 亿欧元，同比由盈转亏
ITHome · · Excerpt