Volkswagen is scrapping a major advanced-manufacturing project at its sprawling headquarter as falling profits force Europe’s biggest carmaker to rethink investment across its German factories

Volkswagen is selling new green hybrid bonds with a roughly 2.5% spread premium over its senior debt, as the German carmaker struggles with a slump in demand in China and a costly restructuring

Volkswagen Group makes in Q1 a €5.8 Billion Loss VW Chief Financial Officer Arno Antlitz commented on the figures today, stating: "We cannot afford to lose any time; we must act quickly and decisively." He pointed to a cost-cutting plan through which Volkswagen aims to save approximately 31 billion euros—a move expected to result in the elimination of up to 100,000 jobs worldwide. Volkswagen presented its Q3 results for the period from July to September and the revenue fell by 6.3 percent compared to the previous year, dropping to 75.3 billion euros. Vehicle sales also declined, with 1.88 million units sold, down from 2.2 million in the same period last year. The drop in profit is particularly stark: VW has slipped into the red, posting a loss of 5.8 billion euros—more than five times the loss recorded in the same quarter of the previous year. Volkswagen had only just lowered its full-year forecast in September, citing a multi-billion-euro write-down related to its sports-car subsidiary, Porsche. For 2026, the Wolfsburg-based group is now projecting an operating return on sales of just one percent. This is the price of one strategic mistake after the other.

Volkswagen tumbled further into the red in the third quarter, signalling a deepening crisis at the world's second-largest carmaker, which is battling seismic challenges across key markets as it embarks on a major restructuring