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Volkswagen cuts outlook on €10bn one-off hit
Summary by RTÉ
26 Articles
26 Articles
Volkswagen lowers profit forecast due to market weakness and electric car costs. Depreciation on Porsche burdens earnings. Share prices fall sharply.
VW Cuts Outlook After Writedown on Porsche, Decline in China
The largest car manufacturer in Europe has been in crisis for a long time. The Group has now revised its profit forecast significantly downwards.
Reposted by
stern.de
Coverage Details
Total News Sources26
Leaning Left2Leaning Right3Center4Last Updated45% Center
Bias Distribution
- 45% of the sources are Center
45% Center
L 22%
C 45%
R 33%
Factuality
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