Mass job cuts loom at VW as profits fall steeply on China sales slump
2 sources·Updated July 25, 2026
Covered by 2 sources
- Irish Times Business·5h agoVW’s China playbook may come back to haunt it when rivals take it to Europe
German carmaker is dealing with plunging sales in its biggest market
Read at Irish Times Business → - Guardian Business·1d agoMass job cuts loom at VW as profits fall steeply on China sales slump
Carmaker expects to sell 3% fewer vehicles this year as it pushes through a programme that could eliminate 100,000 roles Volkswagen has reported a steep fall in profits and cut its revenue forecast amid a sales slump in China, as the German carmaker pushes through a brutal…
Read at Guardian Business →
