Volkswagen Profit Drops and Cuts Revenue Outlook
German automaker Volkswagen reported an operating profit of 3.5 billion euros ($3.98 billion) for the April to June period, missing LSEG consensus expectations of 4.3 billion euros and falling nearly 10% from the previous year. Volkswagen Cuts Sales Forecast and 2026 Revenue Expectations Europe’s biggest carmaker revised its 2026 sales revenue guidance to a range … Read more