Volkswagen slashes 2024 outlook amid sales crisis
September 30, 2024
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 earnings than previously projected. Volkswagen initially forecasted a revenue increase of up to […]