Volkswagen AG cut its full-year revenue outlook as weaker sales in China added pressure on Chief Executive Officer Oliver Blume’s turnaround plan, according to Bloomberg.
The reduction underscores the strain on Europe’s largest carmaker as it tries to overhaul its business amid a prolonged slump in its biggest market.
STOCKS | Volkswagen Cuts Sales Outlook on China Slump
2026-07-24 05:50:18
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