Society News

VW Profit Plummets: Auto Crisis Hits Volkswagen and Porsche

July 11, 2026Степан Корнилов1 мин

Volkswagen, Germany's largest car manufacturer, reported significantly lower profits in 2025 compared to the previous year. Its sports car subsidiary, Porsche, is facing increasingly challenging conditions in the Chinese market. Consequently, bonuses for VW executives will be reduced.