Volkswagen Cuts 2026 Margin Forecast to 1% as China Slump and Porsche Write-Down Hit
Automotive

Volkswagen Cuts 2026 Margin Forecast to 1% as China Slump and Porsche Write-Down Hit

Volkswagen now expects an operating margin no higher than 1% in 2026 and roughly €10bn in charges, with a €6bn Porsche w...

Ronan Kavanagh 👁 29 💬 0
BMW to Cut 8,000 Jobs as Profit Warning Bites: No Compulsory Redundancies
Companies

BMW to Cut 8,000 Jobs as Profit Warning Bites: No Compulsory Redundancies

New CEO Milan Nedeljković is moving swiftly with a voluntary redundancy programme targeting administration, development ...

Declan Byrne 👁 69 💬 0