Volkswagen slashes 2024 outlook amid sales crisis
Volkswagen issues its second profit warning this year, as the company ramps up of a major overhaul of production and investment plans /Volkswagen
For the second time, Volkswagen, Germany’s largest automaker, has cut its 2024 revenue and profitability forecasts, signaling a deepening crisis within the German automotive industry. Citing a challenging market environment, the company announced on Friday that it now expects lower sales and earni
Comments
Ready to join the conversation?
You must be an active subscriber to leave a comment.
Subscribe Today