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Volkswagen crisis deepens with profit warning over €10bn Porsche-led hit

TimesLIVE ·
Volkswagen crisis deepens with profit warning over €10bn Porsche-led hit

Volkswagen slashed its outlook on Friday as it flagged €10bn (R186.67bn) in one-off items related to its stake in luxury sports car maker Porsche, provisions for job cuts and a weak Chinese market.

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5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.timeslive.co.za — the content belongs to TimesLIVE.

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