Browsing Tag
TRATON Group
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Volkswagen profit collapses 99% as €8.7bn charges expose the cost of its EV transition
Volkswagen Group reported just €71 million in operating profit for the first nine months of 2026 after major impairment and restructuring charges. Strong electric vehicle orders in Europe provide an opportunity, but lower margins, weaker China sales and American tariffs are putting pressure on the group's transformation.