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At close · Thu, Jul 23, 2026
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Home›Global Markets›Europe›Volkswagen reports weaker profit and cuts 2026 sales f…

Volkswagen reports weaker profit and cuts 2026 sales forecast

The company also addressed planned plant closures and job losses while detailing its outlook after a disappointing second-quarter result.

Reported · Written up by our desk · Europe

Volkswagen said it delivered weaker-than-expected second-quarter profit and reduced its sales forecast for 2026, according to CNBC World.

In remarks tied to the results, the company’s CFO addressed planned plant closures and job losses, as the automaker faces a tougher earnings backdrop.

CNBC Earnings reported that the forecast cut follows the second-quarter profitability miss, underscoring pressure on Volkswagen’s near-term operating outlook.

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Sources

CNBC WorldVolkswagen CFO addresses plant closures, job losses as profits sink
CNBC EarningsVolkswagen CFO addresses plant closures, job losses as profits sink

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