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VW AG lowers 2026 profit outlook amid Porsche impairment and weak China market

On September 18, Volkswagen AG announced that it has cut its 2026 financial forecast due to a goodwill impairment at Porsche AG, a difficult market environment, especially in China, and higher restructuring costs.
The company now expects 2026 group sales of around EUR 315 billion, compared with EUR 321.9 billion in 2....

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