Volkswagen Group recorded its first quarterly loss in five years, exceeding 1 billion euros, as the German automotive giant faces difficulties with US customs tariffs and problems with strategic changes at Porsche.
Volkswagen records first quarterly loss in five years
German automaker Volkswagen Group suffered a loss of over 1 billion euros in the last quarter, for the first time in five years. The reasons are trade conflicts with the USA and strategic difficulties with the Porsche brand.
