Volkswagen loses €5.8bn in a quarter as Porsche, China and tariffs bite
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Summary
Volkswagen lost €5.8bn after tax in the third quarter. A €6.4bn write-down on Porsche drove the loss. Shrinking sales in China, US import tariffs and thinner margins on electric cars added to it. In the same quarter last year, the loss was €1.1bn. The group published the figures on Thursday in its nine-month results. It […] This story continues at The Next Web
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