Volkswagen expects full-year revenue squeeze after quarterly profit slump
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Source: CNBC
Published: 2026-07-24 16:05 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Transport, Europe, Financial Markets, Germany
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Snippet:
German auto giant Volkswagen on Friday reported weaker-than-expected second-quarter profit, citing the discontinuation of its top electric vehicle in the U.S. and negative mix effects, as it revised down its sales forecast for 2026.
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