November 11, 2026
Volkswagen Backer Porsche SE Urges Faster Cost Cuts as Losses Mount




Volkswagen’s major shareholder said it swung to a loss in the first nine months of the year, mainly due to an impairment on the value of its investments in Volkswagen and sports-car maker Porsche AG.

About The Author

Leave a Reply

Your email address will not be published. Required fields are marked *