Autobauer: Volkswagen kappt Prognose – Aktie fällt
Der kriselnde Wolfsburger Konzern erwartet für das laufende Jahr eine deutlich geringere Umsatzrendite. Auch die Eigentümerholding Porsche SE korrigiert ihre Prognose nach unten.
On a Friday afternoon, Volkswagen, Europe's largest automaker, withdrew its forecast for the current year. The company cited the prolonged market weakness in China, the growing demand for electric vehicles, a billion-euro write-off on the sports car subsidiary Porsche, and costs for the group restructuring. The company's profit margin is now only 1% instead of the previously forecasted 4.0 to 5.5%.
The sales are expected to reach around 315 billion euros, which is about 7 billion euros less than last year. The VW shares dropped sharply in the late Friday trading session, falling 7.5% and experiencing the largest single-day loss since 2022. The shares now traded at 74.96 euros, their lowest level in nearly two weeks and the lowest in the German Dax index.
Volkswagen justified the downgrade of its forecast primarily due to the ongoing slump in China, the world's largest automotive market. The slowdown is currently felt operationally in the Volkswagen and Audi brands, it was reported. Additionally, there are value adjustments to the fully consolidated groups in the People's Republic.
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