Volkswagen cuts operating profit to 71 million euros and posts 2.72 billion euro loss through September

FinanceInternationalORAINOct 29, 2026, 6:01 AM35 s readAI summary

Volkswagen Group reported operating profit of 71 million euros in the first nine months of 2026, down 98.7% from 5.408 billion a year earlier, hit by 8.7 billion euros in special items, weakness in the Chinese market and competitive pressure. Revenue fell 2.2% to 233.378 billion. The group posted an after-tax loss of 2.72 billion euros, compared with a 3.405 billion profit a year earlier, and warned it needs to speed up its 31 billion euro savings plan.

In 35 seconds

Operating profit of 71 million euros through September, down 98.7% year on year
8.7 billion euros in special items, including 6.4 billion in Porsche goodwill impairments
After-tax loss of 2.72 billion euros, versus a 3.405 billion profit in 2025

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IASummary generated by artificial intelligence from a story by ORAIN. It may contain errors: the original source prevails.

Volkswagen
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Porsche
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Volkswagen cuts operating profit to 71 million euros and posts 2.72 billion euro loss through September

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Bogotá Ciudad Aeropuerto seeks to link El Dorado with the Metro and Regiotram

IMF backs economic rescue bill as Banco de la República calls for rigor in its review

Parks and attractions in Colombia generated US$1.095 billion in 2024, according to IAAPA

President requests urgent congressional passage of fiscal adjustment bill