Volkswagen Group reports lower Brand Group Core operating result
Operating result fell to €4.33 billion from €4.72 billion and margin to 4.1%, hurt by restructuring, the Osnabrück sale and ID.4 Chattanooga discontinuation.
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In short: Volkswagen Group reported a €5.82 billion third-quarter loss as deliveries fell 14.3%, mainly on China weakness.
Operating result fell to €4.33 billion from €4.72 billion and margin to 4.1%, hurt by restructuring, the Osnabrück sale and ID.4 Chattanooga discontinuation.
Investing $4B with capacity for 200k vehicles by early 2030s. This expands North America as a key pillar of Audi's global production network.
Revenue fell to 233.4 billion euros. The group announces a cost program of around 31 billion euros to increase profitability.
Global deliveries fall by nine percent, with China experiencing a strong decline. In Europe, BEV deliveries rise significantly.
Volkswagen Group has reported a 98.7% year-on-year decline in profits in 2026, despite vehicle sales being within 1% of 2025's figures.
The company's results leave "no room for delay" in implementing a planned cost savings program of about $34 billion, CFO and COO Arno Antlitz said.
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