CATALAYER NEWS
VW Warns on Profit With China Decline, Overhaul Weighing
Source: Bloomberg Markets · 2026-09-18
Volkswagen AG lowered its operating margin forecast, reflecting a sharp contraction in the Chinese car market and costs related to its job-cutting plan. The carmaker also cited a €6 billion ($6.9 billion) writedown on the value of its stake in Porsche AG.
MORE FROM BLOOMBERG MARKETS
Deluge of Copper Arriving in US Leaves New Orleans With Logjam
2026-09-18
The Retirement Investor is 'On Autopilot,' Says Marta Norton
2026-09-18
The Business of the $60 Loaf of Bread
2026-09-18
The New Buffett Chairing Berkshire’s Board Knows the Firm Well
2026-09-18
Yen Pares BOJ-Fueled Declines as Nikkei Reports a Rate Check
2026-09-18
RELATED ON CATALAYER
Related Topics
China Trade & Tech Policy NewsRELATED MARKETS
Prediction Markets