VW Q3 Loss Hits €5.8 Billion on Porsche Impairment, China Slide
VW booked a €5.8 billion Q3 loss after writing down about €6.4 billion in Porsche goodwill as China deliveries fell 38.5% and global sales dropped 14.3%. The company expects 2026 profit margins of at most 1%, with plant-closure decisions by mid-2027.
