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Volkswagen Q3 Loss Largest Since Dieselgate

The Volkswagen Group on Thursday posted its worst quarterly numbers in more than a decade.

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The Core Event

According to German news source DW , the company reported an operating loss of €5.86 billion for the period July 1 through September 30, 2027.

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Key Facts

A massive write down of its stake in Porsche was responsible for much of the loss, while its sales in China continued to decline at an alarming rate.

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Context & Significance

According to German news source DW , the company reported an operating loss of €5.86 billion for the period July 1 through September 30, 2027.

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Outlook

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