Volkswagen is barely expecting to turn a profit this year | MarketScreener Australia

Volkswagen warned it is barely profitable this year, cutting full-year guidance to an operating margin of about 1% for 2026 and revenue around €315 billion, down roughly €7 billion from last year. The miss is driven by a weak China market, impairment charges (notably a €6 billion write-down related to Porsche), restructuring costs, and the shift to lower-margin electric vehicles, with additional pressure from job cuts and the planned Osnabrück plant sale.

Volkswagen is barely expecting to turn a profit this year | MarketScreener Australia ## Auto & Truck Manufacturers | Market Closed - Xetra 01:39:15 19/09/26 am AEST | | | 5-day change | 1st Jan Change | | --- | --- | --- | --- | --- | | 28.42 EUR | -4.85% | | -1.73% | -28.81% | # Volkswagen is barely expecting to turn a profit this year Published on 09/19/2026 at 01:54 am AEST Reuters - Translated by Marketscreener -4.85% -5.58% Persistent market weakness in China, a multibillion euro write-down on Porsche, the costs of the group's restructuring, and the shift toward lower-margin electric cars are eroding profits at Volkswagen, Europe's largest automaker. The company cut its guidance on Friday and now expects an operating return on sales of just 1% in 2026, down from the previously projected 4% to 5.5%. Revenue is expected to come in at around €315bn, about €7bn less than last year. In the stock market, the shares fell 6.4%, making them the biggest loser in the DAX. Volkswagen cited, among other factors, the ongoing slump in China. The world's largest auto market is currently mired in a deep crisis, with sales collapsing. That is being felt operationally at the Volkswagen and Audi brands, the company said. On top of that, there are impairment charges on the fully consolidated companies in the People's Republic. Rising demand for electric cars is also weighing on profit margins, it said. Since the start of the year, and particularly since the outbreak of the Iran war, sales of electric cars in Europe have risen sharply. Volkswagen earns significantly less mone…

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