German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the threat of job cuts. The...
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Volkswagen has lowered its annual guidance for the second time in three months as Europe’s largest carmaker blamed “a challenging market environment” for weaker sales. The German group on Friday said it expected an operating profit margin of about 5.6 per cent in 2024, instead of a range of 6.5 per cent to 7 per […] The post Volkswagen Sales Drops, Issues Second Profit Warning appeared first on Transport Day Newspaper.
German Economy Minister Robert Habeck said that Berlin is looking into ways to support ailing carmaker Volkswagen amid the threat of job cuts. The...
For the second time, Volkswagen, Germany’s largest automaker, has cut its 2024 revenue and profitability forecasts, signaling a deepening crisis...
KMD Brands, the owner of retail stores Kathmandu and Rip Curl, has acknowledged a "challenging sales environment" after 11 per cent sales drop in...
Slowing sales and Europe's growing disinterest in EVs as left the marque considering possible closure of some of its factories in Germany.
KUALA LUMPUR: RHB Investment Bank Bhd (RHB Research) anticipates weaker total industry volume (TIV) in the second half of this year as sales volume...
The Bank of Jamaica (BOJ) announced today that it dropped its key policy rate by 25 basis points to 6.5 per cent, marking its second rate cut since...
Myer has posted a near-30 per cent slump in full-year net profit in what executive chair Olivia Wirth said reflected a challenging macroeconomic...
Luxury automaker Mercedes-Benz has revised its annual profit target downward for the second time this year, citing a challenging economic climate,...
The German economy will remain in stagnation for the rest of 2024, according to Bundesbank Read Full Article at RT.com
Sportswear giant says sales in first quarter fell 10%