Volkswagen cuts 2024 outlook
Volkswagen cuts 2024 outlook as car demand falters
Volkswagen cut its annual outlook for the second time in less than three months on Friday, citing a weaker-than-expected performance at its passenger car division as pressure on Europe's top automaker continues to rise.
Volkswagen Lowers Forecast Again on Waning Car Demand
Volkswagen AG cut its guidance for a second time this year, warning that waning demand will undercut the German carmaker’s profitability as it squares off with unions over possible job cuts and unprecedented plant closures.
Volkswagen Cuts 2024 Outlook on Macroeconomic Headwinds
Volkswagen on Friday cut its annual outlook, citing a weaker-than-expected performance of its passenger car division as well as a deteriorating macroeconomic environment. Europe's largest carmaker now expects a profit margin of around 5.
Volkswagen cuts 2024 outlook on deteriorating macroeconomic environment
Volkswagen on Friday cut its annual outlook for the second time in less than three months, citing the weaker-than-expected performance of its passenger car division as well as a deteriorating macroeconomic environment.
Volkswagen Group cuts outlook for second time in three months
Germany's ailing Volkswagen Group on Friday cut its annual guidance for the second time in less than three months. The largest carmaker in Europe announced after the market closed that it now expects around 9 million vehicles to be sold this year.
Volkswagen Slashes Guidance as Challenges Pile Up
Volkswagen cut its sales and profitability forecasts for the year, joining a growing list of European rivals in lowering ...
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Volkswagen’s ID. Buzz faces criticism over price tag, limited availability for U.S. dealers
The ID.Buzz, set to hit U.S. dealerships around Thanksgiving, has generated backlash due to its steep pricing, starting at ...
Volkswagen baja nuevamente proyecciones de ganancias por menor demanda de coches
El fabricante alemán de automóviles Volkswagen AG recortó sus previsiones por segunda vez este año y advirtió que la ...
Crisis-hit German Auto Giant Volkswagen Cuts Forecasts
Auto giant Volkswagen cut its 2024 forecasts Friday, as it battles a deep crisis that it has warned could prompt the closure of factories in Germany for the first time.
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Volkswagen's Revised Forecast Amid Global Economic Pressures
Volkswagen has downgraded its annual profit and sales outlook due to a weaker-than-expected performance in its passenger car ...
Volkswagen rejects labour pay demands amid threat of plant closures
German automaker Volkswagen rejected trade union demands for pay increases for German workers and continued to warn of deep ...
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What Does GTI Stand For On Volkswagen?
Fifteen years later, Volkswagen joined the GTI party with the launch of its iconic Golf GTI. In 1975, Volkswagen made ...
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Volkswagen Adjusts Annual Outlook Amid Weakening Market Conditions
Volkswagen has downgraded its annual financial outlook for the second time in three months, citing weaker-than-expected ...