Volkswagen loses €5.8bn in a quarter as Porsche, China and tariffs bite
The loss was driven by a €6.4bn write-down on Porsche, alongside thinner margins on electric vehicles. Other contributing factors include US import tariffs and declining sales in the Chinese market.
Key points
- Quarterly loss of €5.8bn after tax
- €6.4bn write-down on Porsche
- Negative impact from China sales and US tariffs
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