Autobauer: VW kappt Gewinnziel – Porsche belastet mit sechs Milliarden Euro
Der kriselnde Wolfsburger Konzern erwartet für das laufende Jahr eine deutlich geringere Umsatzrendite. Auch die Eigentümerholding Porsche SE korrigiert ihre Prognose nach unten.
On Friday, Volkswagen's executive board held an emergency meeting at Düsseldorf, according to Handelsblatt. The board subsequently issued a mandatory statement, drastically cutting its profit forecast for the current year. This profit warning plunges Volkswagen once again into crisis. Instead of an operating revenue margin of 4.0 to 5.5 percent, Volkswagen now anticipates the limit of only one percent in 2026.
Revenue is also expected to fall by around seven billion euros to about 315 billion euros, compared to the previous year. The stock of the company temporarily dropped more than seven percent in late trading. The company cites the worsening market environment, particularly in China, and the accelerated shift in demand towards electric cars as reasons for the slowdown.
Electric cars generate significantly less revenue for Volkswagen at present compared to internal combustion engines. As a result, premium brands such as Audi and the core brand Volkswagen are falling short of previous expectations. Internally, it is reported that the last two months have been particularly poor.
Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
