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Kriselnder Autokonzern: Das sind die Gründe für den Milliardenverlust bei Volkswagen

Milliarden-Abschreibung auf Porsche, schwache China-Geschäfte und geringere Margen bei E-Autos: Gleich mehrere Entwicklungen vermiesen Volkswagen die Zahlen. Was hinter dem Verlust steckt.

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Kriselnder Autokonzern: Das sind die Gründe für den Milliardenverlust bei Volkswagen

Volkswagen is on track for its first loss-making year since the diesel scandal, with a combined loss of around 5.82 billion euros in the third quarter, according to the company's latest update from Wolfsburg. This brings the year's total to a loss of 2.72 billion euros after taxes. A significant portion of this is due to book losses, but not only.

Key reasons for the steep losses include increased electric vehicle production and lower profitability from these vehicles. Volkswagen is selling about eight million vehicles globally, with roughly 20% of deliveries being electric cars. The high price of gasoline, better availability of entry-level models, and the popularity of electric models like the ID.

Polo are contributing to this trend. However, the profitability of electric vehicles is currently lower than that of comparable combustion engine vehicles, which is putting pressure on the company's profits. VW China, which is crucial for the company, is experiencing a decline in sales, with fewer than 19 million vehicles expected to be sold in 2026 compared to 24 million in 2025.

The company is also facing costs from the restructuring of its operations, including the planned sale of the Osnabrück plant and the reduction of Porsche's company value by about a billion euros.

Written by urgent.news from Handelsblatt's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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