Volkswagen Warns of 5.1 Billion Euro Impact

Porsche delays electric car launches due to weak demand.
Volkswagen warns of 5.1 billion euro impact on 2025 results.
Porsche focuses on combustion and hybrid models instead of EVs.
Volkswagen lowers 2025 profit forecast to 2-3%.
CEO Oliver Blume says Porsche is realigning strategies.

Automotive | Finance | Strategy

China

Oliver Blume

1 month ago