Browsing Tag
Porsche AG
2 posts
Volkswagen cuts 2026 margin to 1% as €10bn charges expose restructuring cost
Volkswagen has slashed its 2026 operating-margin forecast from 4%–5.5% to no more than 1% after identifying approximately €10 billion of special charges, including a €6 billion Porsche goodwill impairment and additional restructuring costs across Germany and China.
BMW shares lose 10% in five days as new chief executive confronts China and cost pressures
BMW Group has sharply reduced its 2026 profit expectations after weaker Chinese demand and higher geopolitical costs overwhelmed growth in Europe and the United States, placing its global production model, workforce and electric vehicle strategy under renewed investor scrutiny.